<span>Demand-pull inflation is asserted to arise when aggregate demand in an economy outpaces aggregate supply. It involves inflation
rising as real gross domestic product rises and unemployment falls, as
the economy moves along the Phillips curve. This is commonly described
as "too much money chasing too few goods".</span>
Answer:
B) $5,000
Explanation:
Bob and Sally can claim an American Opportunity (AO) credit for both of their children, Del and Owen.
Del's AO credit is $2,500 (100% of the initial $2,000 qualifying expenses and 25% of the next $2,000 qualifying expenses).
Owen's AO credit is the same as Del's, $2,500.
The total American Opportunity credit claimed is $5,000 ($2,500 + $2,500)
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Answer:
Each player can adopt a T for T strategy or a trigg er strategy. It is important to state that these strategies were not possible in a one-time game.
The equilibrium is that both players answer honest and each makes normal profit.
Both games, the P risoners' dilemma and this game, have a cooperative equilibrium in the long term. If a player employs a trig ger strategy or a T for T strategy, they can reach the cooperative honesty/honesty outcome.
In a short term, game equilibrium is not likely due to lying is more profitable than answer honestly deploying stated strategies.
Reference: NomCab HSEONE. “PS8- solution.” Academia , 2019.
