【題目】 The prisoners’ dilemma is a simple game in which: both parties gain by following their own self-in terests. both parties are made worse off by following their own self-interests. one party is made better off and another worse off by following independent self-interests. no one gains because each acts independently.
【題目】 Which of the following statement is normative? High taxes tend to decrease saving. Higher taxes are needed to support education. A large budget surplus is likely to lower interest rates. The interest rate increases are the result of Federal Reserve actions to decrease the money supply.
【題目】 Which of the following statements is true? Oligopolists : Will consider the potential response of its rivals when making business decisions. tend to produce the monopoly output and sell at the monopoly price when they are able to collude . all of the above. behave interdependently.
【題目】 Which of the following statement is normative? Higher taxes are needed to support education. -------------答案 High taxes tend to decrease saving. The interest rate increases are the result of Federal Reserve actions to decrease the money supply. A large budget surplus is likely to lower interest rates.