Which Two Countries Began to Include Spending on Prostitution and Illegal

question 136

Multiple Choice

Which two countries began to include spending on prostitution and illegal drugs in their GDP estimates in 2014?

• A) none
• B) the United States and Canada
• C) Mexico and Canada
• D) Britain and Italy
• E) Spain and Britain

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Definitions:

Maximin Strategies

Decision-making strategies that maximize the minimum gain that can be achieved, often used under uncertainty.

Public Auctions

Sales events open to the public where goods or properties are sold to the highest bidder.

Excessive Bids

Bidding amounts that significantly exceed the estimated value of an item in auctions or tender processes.

Dominant Strategies

In game theory, strategies that are best for a player regardless of what the other players choose.