An employer-employee relationship is

a. a nonmarket relation
b. a principal-agent relation
c. a comparable worth relation
d. a substitution relation
e. a winner's curse

B

Economics

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The above table gives data for the nation of Mouseville. There are no imports into or exports from Mouseville. Unplanned inventory changes are zero when real GDP equals

A) $300 billion. B) $500 billion. C) $900 billion. D) $700 billion. E) $800 billion.

Economics

If there are negative externalities that spill across governmental borders, this provides a justification for _____

a. private action b. larger governments c. smaller governments d. intergovernmental competition

Economics