Which of the following will not reduce the likelihood of a principal-agent problem when getting your car repaired?
a. asking to see the replaced parts
b. staying to watch the repair being done
c. gathering information on car repair
d. not paying until after the repair job is finished
e. persuading the mechanic you know a lot about cars
Question 2
If Gloria is woman in a developing country, then it is likely that
a. she is less educated than most men in her country
b. her brother has dropped out of high school, but not she has graduated
c. she has more employment opportunities and earns higher wages than her male classmates
d. she and other women will not have to work long hours in agriculture
e. she has special access to resources such as land, capital, and technology
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Problem