Which of the Following Economists Did Not Help to Develop

question 36

Multiple Choice

Which of the following economists did not help to develop game theory analysis?

• A)Adam Smith
• B)John Nash
• C)John von Neumann
• D)Oskar Morgenstern

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Definitions:

Ordinary Simple Interest

Interest calculated on the principal amount of a loan or investment, based on the original amount without compounding.

360-Day Year

An accounting method that simplifies interest calculations by using 360 days as the length of a year.

Loan Period

The duration over which a borrower is obligated to repay a loan, typically specified in months or years.

Ordinary Simple Interest

Interest calculated on the principal amount only, not on accrued interest over time.