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Which of the following are examples of deposit-taking institutions?
i. Banks
ii. Western Union
iii. Building Societies
Dominant Strategy
In game theory, a strategy that is the best for a player regardless of the strategies chosen by other players.
Payoffs
The outcomes or returns from an investment or decision, often quantified in terms of profit or loss.
Clean Common Space
Maintenance of shared environments, such as parks and public spaces, in a clean and hygienic condition for communal benefit.
Dominant Strategy
A strategy that yields the best outcome for a player, regardless of the actions taken by other players in the game.
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