Including an employee representative on the board of directors reduces the possibility of opportunistic employer behavior

What will be an ideal response?

True. This alleviates asymmetric information between the principal and the agent and will reduce the possibility of opportunistic behavior by the principal because the agent is better informed.

Economics

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Describe and explain the policy irrelevance proposition

What will be an ideal response?

Economics

An exchange rate is the price of one country's currency in terms of another country's currency

Indicate whether the statement is true or false

Economics