The inability of client to monitor the efforts made by his lawyer to defend his case is an example of the principal/agent problem
Indicate whether the statement is true or false
T
Economics
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The nominal interest rate minus the real interest rate approximately equals the
A) rate of increase in the amount of investment. B) inflation rate. C) rate of increase in the income. D) rate the bank receives to cover lending costs.
Economics
________ present(s) a barrier to entry in the DVD player market.
A. Ownership of a scarce resource B. Network externalities C. Economies of scale D. A government franchise
Economics