The above figure shows the payoff matrix for two firms, A and B, choosing to produce a basic computer or an advanced computer. The dominant strategy for firm A is
A) producing an advanced computer.
B) producing a basic computer.
C) copying firm B's action.
D) Firm A does not have a dominant strategy.
D
Economics
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The primary concern of current critics of fiat money is that:
A. fiat money is too easy to counterfeit. B. government will issue too little threatening economic growth. C. fiat money is too costly to produce. D. governments issue too much money threatening its value.
Economics
Which of the following accounts are included in the calculation of Balance of Payments?
(a) Financial Account, Savings Account, Capital Account. (b) Savings Account, Current Account, Financial Account. (c) Financial Account, Current Account, Capital Account. (d) Capital Account, Current Account, Savings Account.
Economics