Which of the following is a problem encountered in a transaction involving a principal/agent relationship?
a. Absence of monitoring and supervision
b. Excessive dependence on forecasts and expectations
c. High investment in industry specific assets
d. Government interference and market volatility
A
Economics
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Explain the relationship between interest rates and the demand for money, as described by the Keynesians
Economics
Which of the following is true?
a. When workers are more productive, the demand for their services will be higher. b. In order to earn a large income, one must provide large benefits to others. c. High productivity (a large output per hour worked) is the key to high earnings for both individuals and countries. d. All of the above are true.
Economics