The political economy of the S&L crisis shows that the principal-agent problem occurs in politics. In this instance, the agent-regulators did not act to protect the principal-taxpayers because
A) regulators wanted to escape blame, hoping the situation would improve before others discovered the problem.
B) regulators responded to pressure to pursue regulatory forbearance from politicians who had accepted campaign donations from owners of S&Ls.
C) Congress was unwilling to allocate the necessary funds regulators needed to close insolvent S&Ls.
D) all of the above.
E) only A and B of the above.
D
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In logrolling, if the parties have different preferences on different issues, each party gets their most preferred outcome on their high priority issue and should be happy with the overall agreement.
Answer the following statement true (T) or false (F)
The monopolistic advantage theory states that
A. FDI is made by firms in oligopolistic industries possessing technical advantages over local companies. B. a firm that has a monopoly has a major advantage in overseas investment. C. a firm that has a monopoly domestically will have no competition making overseas investments. D. the firm making the overseas investment first has a monopolistic advantage. E. None of the above.
Which of the following is an accurate statement regarding the sales presentation?
A) It is best to communicate all you know about the product. B) The location of the sales presentation is an irrelevant factor. C) Each product feature is of equal importance to every customer. D) Appealing to the prospect's senses makes the sales presentation more powerful. E) A sales presentation that does not use technology is not likely to be successful.
As the influential message sources of earned media are outside the control of a marketing manager, the messages may be negative toward the brand.
Answer the following statement true (T) or false (F)