242s02x2 - ECONOMICS 242 SECOND MIDTERM SPRING 2002 PLEDGE NAME Multiple Choice and Short Answer Questions 1(3 A doomsday device is an example of a

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ECONOMICS 242 SECOND MIDTERM SPRING 2002 PLEDGE:____________________________ NAME:______________________________ Multiple Choice and Short Answer Questions: 1. (3) A doomsday device is an example of: a. An unconditional strategic move. b. Compellence. c. A promise. d. A threat. 2. (3) A promise to give the college $10,000 in ten years is worth _____ to the college today if the interest rate is 10%. a. $3855.43. b. $1000.00. c. $1100.00. d. $100,000. e. $9090.91. f. none of the above. 3. (3) True or False: Compellence must have a deadline or it is pointless. 4. (5) Garrett Hardin claims that the “freedom to breed is intolerable.” He compares human procreation to what (standard) game? 5. (5) Hardin’s paper is titled the “Tragedy of the Commons.” What is the commons? 6. (5) What is the tragedy in the “Tragedy of the Commons”?
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7. (3) True or False: If the interest rate is greater than 1, then a person would prefer one dollar today to one dollar next year. 8. (3) Cortés’ action upon landing in Mexico is an example of:
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This test prep was uploaded on 04/22/2008 for the course ECON 242 taught by Professor Nonnenmacher during the Spring '06 term at Allegheny.

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242s02x2 - ECONOMICS 242 SECOND MIDTERM SPRING 2002 PLEDGE NAME Multiple Choice and Short Answer Questions 1(3 A doomsday device is an example of a

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