If there were no racial discrimination in the labor market, ...

[Starlight]

If there were no racial discrimination in the labor market, blacks, Hispanics, and whites with equal education should command approximately equal incomes.
 
  Indicate whether the statement is true or false

Question 2

Suppose a player in a game has a dominant strategy, but they threaten to take another action. Can this threat be credible?
 
  A) No, such threats are never credible to other rational players.
  B) No, if the player has a dominant strategy, they must take this action.
  C) Yes, if they can link the current game to another bargaining problem in which their joint strategy for the combined games is rational.
  D) Yes, dominant strategies may not always yield the highest payoffs.

[AmberC1996]

Answer to Question 1

T

Answer to Question 2

C