When playing a game in which players are in direct competition with one another, it is best to ________ a mixed strategy because the strategy is ________.
A) use; predictable
B) use; unpredictable
C) avoid; predictable
D) avoid; unpredictable
Question 2
During early 2001, the Fed unexpectedly increased the money supply. The effect of this policy was a
A) downward shift of the short-run Phillips curve.
B) rightward shift of the long-run Phillips curve.
C) upward shift of the short-run Phillips curve.
D) movement upward along the short-run Phillips curve.
E) movement downward along the short-run Phillips curve.
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