Based on the Following Game,what Are the Secure Strategies for Player

question 18

Multiple Choice

Based on the following game,what are the secure strategies for player 1 and player 2?
$\begin{array}{c}\text { Player 2 }\\\text { Player 1}\begin{array}{|l|l|l|} \hline & \mathrm{t} 1 & \mathrm{t} 2 \\\hline & & \\\mathrm{S} 1 & 10,15 & 15,8 \\\hline & & \\\text { S2 } & -10,7 & 10,20\\\hline\end{array}\end{array}$

• A) S1 and t2
• B) S1 and t1
• C) S2 and t2
• D) S2 and t1

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Definitions:

Spending Multiplier

The spending multiplier is an economic concept that measures the effect of a change in autonomous spending (such as government expenditure or investment) on the total economic output.

Potential Output

Potential Output refers to the highest level of goods and services an economy can produce sustainably, without triggering inflation.

Government Securities

Government-issued securities designed to fund government spending while providing investors with a profit.

Discount Rate

The interest rate charged by central banks on loans they provide to commercial banks, influencing monetary policy and the money supply.