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ECON 350 Lecture 4: img007

Canada

Public Finance Policy Topics

Economics

Wai- Ching Kong

University of British Columbia

<p><div style=""> Which of the following statements is true? <div>A. Nash equilibrium a exists when players behave non-cooperatively</div> <div>B. Dominant strategies do no exist on repeat game</div> <div>C. Collusive agreement will agreement will always break down in repeated</div> <div>D. Game with a known ending date are useless</div> </div></p>

<p>Answer the next question on the basis of the following information for a bond having no expiration date: bond price = $1,000; bond fixed annual interest payment = $100; bond annual interest rate = 10%. If the price of this bond falls by $200, the interest rate will</p>
<p>A. Fall by 2.5 percentage points.</p>
<p>B. Rise by 5 percentage points.</p>
<p>C. Fall by 5 percentage points.</p>
<p>D. Rise by 2.5 percentage points.</p>

<p>the date you change a file is an example of a(n) ____ property.</p>

ECON 350 Lecture 4: img007

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