Author Question: If a government policy increases benefits to the unemployed without having a detrimental effect on ... (Read 41 times)

storky111

  • Hero Member
  • *****
  • Posts: 561
If a government policy increases benefits to the unemployed without having a detrimental effect on any other constituent, the policy is
 
  A) a Pareto improvement.
  B) redistributive.
  C) regressive.
  D) a positive externality effect.

Question 2

In a finitely repeated prisoners' dilemma game
 
  A) firms will only cooperate if they each adopt a tit-for-tat strategy.
  B) firms cooperate and achieve the collusive Nash equilibrium for all rounds.
  C) firms cooperate for most of the rounds, but switch to the non-cooperative outcome in the final couple of rounds.
  D) firms do not cooperate and the static game Nash equilibrium is the outcome for each round.



chreslie

  • Sr. Member
  • ****
  • Posts: 307
Answer to Question 1

A

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

For a complete list of videos, visit our video library