In the Prisoners' Dilemma,with Players Art and Bob,the Dominant Strategy

question 31

Multiple Choice

In the prisoners' dilemma,with players Art and Bob,the dominant strategy equilibrium is that

• A)both prisoners confess.
• B)neither prisoner confesses.
• C)Art denies and Bob confesses.
• D)Art denies if Bob denies,and Art confesses if Bob confesses.
• E)Bob denies and Art confesses.

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Definitions:

Economy Recovers

The process by which an economy returns to a state of growth or improves in its indicators after a period of recession or decline.

Trade Deficit

Occurs when a country's imports exceed its exports during a given time period, indicating an outflow of domestic currency to foreign markets.

Imports and Exports

Economic transactions involving the buying of goods and services from foreign countries (imports) and selling domestically produced goods and services to foreign countries (exports).

Eurozone

The 19 nations (as of 2019) of the 28-member (as of 2019) European Union that use the euro as their common currency. The eurozone countries are Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.