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

An important feature of money market mutual fund shares is

A) deposit insurance. B) the ability to write checks against shareholdings. C) the ability to borrow against shareholdings. D) claims on shares of corporate stock.

Which of the following goods is most likely to be over consumed? Fish in:

A. a pet store B. the grocery store C. the ocean D. a fishery