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Author Question: Which of the following is an example of a principal-agent relationship? A) The relationship ... (Read 207 times)

Kthamas

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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.


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gstein359

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


Kthamas

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

tranoy

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Reply 3 on: Yesterday
Excellent

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