Author Question: In which of the following situations is the principal-agent problem least likely to occur? a. a ... (Read 63 times)

asmith134 · **on:** Jun 30, 2018

In which of the following situations is the principal-agent problem least likely to occur?
a. a hospital stay
b. a doctor's visit
c. a bartender serves you at the bar
d. your TV is repaired
e. a stockbroker calls with financial advice

Question 2

A trend in developing countries is that
a. the birth rate during a typical woman's lifetime has increased from three to six children
b. attitudes toward family size are changing
c. when women have employment opportunities outside the home, fertility rates increase
d. as women become better educated, they earn less
e. as women become less educated, they tend to have fewer children