Author Question: Which of the following is an example of a principal-agent relationship? A) The relationship ... (Read 201 times)

Kthamas · **on:** Jun 29, 2018

Which of the following is an example of a principal-agent relationship?

A) The relationship between two colleagues
B) The relationship between a teacher and his student
C) The relationship between an employer and a worker
D) The relationship between two nations

Question 2

Suppose the desired reserve ratio is 10 percent and there is no currency drain. Then a 200 increase in the monetary base results in the banking system increasing the quantity of money by

A) 200.
B) 2,000.
C) 20.
D) 10.
E) 2,190.