Hidden information refers to agents knowing things that principals do not.
Answer the following statement true (T) or false (F)
True
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The Pilgrims drew up the Mayflower Compact because:
A. it established the western boundary of the Connecticut colony. B. they agreed that no form of governmental authority was necessary for the colony. C. they were essentially atheists who established the compact to protect their interests. D. they settled in an area outside the territory assigned to the Virginia Company. E. it established that the British Crown would function as an absolute monarch for the colony.
If two independent variables have an effect on each other in a factorial research design, we are primarily concerned about their
A) contradictory cohort effect. B) interactive effect. C) cohort effect. D) None of the above.
The _________ has primary day-to-day State Department responsibility for formulating and implementing policy with regard to foreign economic matters
a. Bureau for Economic and Business Affairs b. US Agency for International Development c. Office of the Assistant Secretary for International Economic Affairs d. undersecretary for international economic affairs
Making changes to the bureaucracy would be easier if it was only accountable to one master
Indicate whether the statement is true or false