According to this Application, transformative economic growth, such as that which occurred with the Industrial Revolution, typically requires

A) both participatory and authoritarian political institutions.
B) more authoritarian political institutions.
C) neither participatory nor authoritarian political institutions.
D) more participatory political institutions.

D

Economics

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In monopolistic competition, there are

A) many firms making a differentiated product. B) a few firms making a differentiated product. C) many firms making an identical product. D) a few firms making an identical product.

Economics

The only two ways of dealing with the principal agent problem are the use of long-term contracts and monitoring

Indicate whether the statement is true or false

Economics