The limit on the amount of information a manager can comprehend about a firm's operation is known as
a. adverse selection
b. bounded rationality
c. diseconomies of scope
d. managerial incompetence
e. moral hazard
Question 2
When faced with a continual excess demand for foreign exchange, which of the following options can the government choose to eliminate the disequilibrium situation?
a. increase the peg or devalue
b. engage in fiscal policy and raise the country's income level
c. engage in monetary policy and lower interest rates
d. increase the inflation rate
e. decrease the peg or revalue
Discharge summary information
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