A large part of the principal-agent problem stems from the desire of
A) agents to work hard.
B) agents to avoid working.
C) principals to work hard.
D) principals to avoid working.
B
Economics
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A direct or positive relationship between price and quantity supplied is
A) the market clearing price. B) a change in demand. C) a supply curve. D) a demand curve.
Economics
Economists call the pursuit of a transfer of wealth through government at someone else's expense:
A. the paradox of voting. B. adverse selection. C. rent-seeking behavior. D. the benefits-received principle.
Economics