Consider a game of mutually assured destruction played by two superpowers, country 1 and country 2. country 2 has precipitated an international incident. country 1 can either ignore the incident or escalate the crisis. if it ignores the incident the game ends and both countries receive a payoff of 0. it if escalates, then country 2 can either escalate further or back down. if it backs down, then the game ends, country 1 receives a payoff of 2, and country 2 receives a payoff of 2. if country 2 escalates further then 1 and 2 play a game where they move simultaneously. each has two strategies in this subgame: back down or doomsday. the payoffs in the subgame are as follows: find all subgame perfect nash equilibria of this game.

What is the eventual effect on real gdp if the government increases its purchases of goods and services by $80,000? assume the marginal propensity to consume (mpc) is 0.75. $ what is the eventual effect on real gdp if the government, instead of changing its spending, increases transfers by $80,000? assume the mpc has not changed. $ an increase in government transfers or taxes, as opposed to an increase in government purchases of goods and services, will result in an identical eventual effect on real gdp. a smaller eventual effect on real gdp. a larger eventual effect on real gdp. no change to real gdp.

Aquatic marine stores company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. aquatic uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 3 pounds per unit; $ 6 per pound direct labor: 4 hours per unit; $ 19 per hour during the first quarter, aquatic produced 5 comma 000 units of this product. actual direct materials and direct labor costs were $ 65 comma 000 and $ 330 comma 000, respectively. for the purpose of preparing the flexible budget, calculate the total standard direct materials cost at a production volume of 5 comma 000 units.

In 1975, mcdonald’s introduced its egg mcmuffin breakfast sandwich, which remains popular and profitable today. this longevity illustrates the idea of: