Some corporate governance experts believe that serving on a company's board of directors for an extended length of time ________that member's independence from the company's CEO
If this is true, it would tend to ________ the principal-agent problem.
A) diminishes; increase B) enhances; increase
C) has no impact on; increase D) diminishes; decrease
A
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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________, 
A. Rising; B; C B. Falling; A; C C. Falling; A; B D. Rising; A; C
The impossible trinity includes ________
A) capital controls, a fixed exchange rate and an independent monetary policy B) free capital mobility, a flexible exchange rate and an independent monetary policy C) free capital mobility, a fixed exchange rate and an independent monetary policy D) free capital mobility, a flexible exchange rate and constraints on monetary policy
One way to ensure all producers benefit from a price floor is to:
A. give a government guarantee to buy all surplus. B. ration a certain quantity per consumer. C. ration a certain quantity per producer . D. All of these are examples of ensuring all producers benefit using non-price methods.
When a good is not easily excludable, what people pay for it will:
A. reflect the real value they place on it. B. exactly equal the social benefit of the good. C. not necessarily reflect the real value they place on it. D. be greater than the social benefit of the good.