Author Question: If a government policy increases benefits to the unemployed without having a detrimental effect on ... (Read 39 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?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

For a complete list of videos, visit our video library