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Describe the principal agent problem

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DISCUSS the current state of stock market with reference to The Reditt Traders, GameStop, AMC, Silver etc. What are some necessary conditions for a market to work properly?

1) Describe the principal agent problem.

2) What is market failure? What are three (3) caused of market failure?

3) How does moral hazard lead to market failure?

Reference no: EM132795063

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