Author Question: The real discount rate and the nominal discount rate differ in their treatment of A) risk. . B) ... (Read 67 times)

BRWH · **on:** Jul 1, 2018

The real discount rate and the nominal discount rate differ in their treatment of

A) risk. .
B) market return.
C) inflation.
D) expected risk.

Question 2

When cost and demand are stable over time in an industry, repetition of Prisoners' Dilemma situations

A) can yield cooperative outcomes because firms can explicitly collude to set prices.
B) can yield cooperative outcomes even when firms do not explicitly collude to set prices.
C) cooperative or noncooperative outcomes may occur, but cooperation is harder than when the market is unstable.
D) will tend to yield noncooperative outcomes.
E) will always yield noncooperative outcomes.