What incentive might keep a state from breaking a promise?
a. In single play, keeping a promise can lead to the best outcome for the player.
b. In single play, a broken promise can badly damage a state's reputation.
c. In iterated play, a broken promise can badly damage a state's reputation.
d. In iterated play, keeping a promise can lead to the best outcome for the player.
Question 2
Brynjolfsson et al. recommend spurring economic growth by __________.
a. renegotiating antiquated trade agreements
b. investing in public goods like education and infrastructure
c. reducing dependence on foreign goods
d. moving from manufacturing to a service economy
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