If a conflict of interest exists
A) it will always have serious adverse consequences.
B) it may not have a serious adverse consequences if the incentive to take advantage of the conflict is low.
C) the government needs to step in to pass legislation to remove the conflict.
D) there will not be serious adverse consequences, even if the incentive to take advantage of the conflict is low.
B
Economics
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Real GDP is $1,400 billion and nominal GDP is $1,800. The GDP price index equals
A) 100.0. B) 2.86. C) 77.0. D) 222.2. E) 128.6.
Economics
In the figure above, suppose the market is at equilibrium. Then area A is the
A) marginal benefit. B) marginal cost. C) amount of the consumer surplus. D) amount of the producer surplus. E) deadweight loss.
Economics