The agency problem can be avoided if
A) the firm is not subject to regulation by a government agency.
B) the manager and owner can manipulate reported profit.
C) the firm has positive profits.
D) the goals of the owner and manager are aligned.
D
Economics
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Which of the following is not true of Keynesian macroeconomics?
A. Focuses on the short run B. Concerns depressions and unemployment C. Says that aggregate demand affects depressions/recessions D. Concerns inflation control E. Concerns gov't fiscal policy
Economics
The discount rate is kept ________ the federal funds rate because the Fed prefers that ________
A) below; banks borrow reserves from each other B) below; banks borrow reserves from the Fed C) above; banks borrow reserves from each other D) above; banks borrow reserves from the Fed
Economics