In your own words, define the principal-agent problem. Use an example if necessary.
What will be an ideal response?
Students should define, in their own words (paraphrasing): “A problem in which a principal hires an agent to perform a task but the agent’s self-interest does not necessarily align with the principal’s, so the agent may not carry out the task as assigned.”
Political Science
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As of late 2002, the United States did not have normal trade relations with China
Indicate whether the statement is true or false
Political Science
Which president or presidential candidate sought to tackle the student debt crisis by attacking the problem at its source and, for example, proposing that state colleges offer free tuition?
a. Hillary Clinton b. Bernie Sanders c. Donald Trump d. Barack Obama
Political Science