Which of the following statements best describes the Supreme Court?
The justices have broad latitude to decide which cases they will hear and generally avoid those cases that they deem to raise the most importont issues.
The justices have broad latitude to decide which cases they will hear and generally hear only those cases related to the most important issues.
The justices have no discretion whatsoever to decide which cases they will hear because their jurisdiction is defined entirely by the Constitution.
The justices have limited discretion to decide which cases they will hear, and they are forced to hear only those cases that raise the most important issues of federal law.
Dunder Mifflin and Office Depot are the only two paper vendors in the community of Scranton, Pennsylvania. Each company is deciding whether to set a high price for paper reams or set a low price. The payoff matrix of economic profits below displays the possible outcomes for both companies. All numbers are in millions of dollars.
Game Theory Matrix: Office Depot & Dunder Mifflin
Office Depot: Low PriceOffice Depot: High PriceDunder Mifflin: Low Price$5 $12$11 $15Dunder Mifflin: High Price$12 $9$4 $10
Which companies have dominant strategies?
Which institution guarantees timely payment on mortgages that back Ginnie Mae mortgage-backed securities?
Question 31 options:
a)
Fannie Mae
b)
Freddie Mac
c)
Federal Reserve
d)
Federal government
