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Author Question: A situation in which one party makes a contractual agreement with a second party in the expectation ... (Read 96 times)

Melani1276

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  • Posts: 516
on: Jun 30, 2018
A situation in which one party makes a contractual agreement with a second party in the expectation that the second party will act on its behalf is known as
 a. an adverse selection relation
  b. a signaling relation
  c. an authority relation
  d. a principal-agent relation
  e. a nonmarket relation

Question 2

The country of Yipi can raise its productivity by investing more in
 a. both human and physical capital
  b. human capital only
  c. physical capital only
  d. stable foreign economies
  e. stocks and bonds


Sierray

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

A


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