Illustrate the principal-agent problem as it associates to

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Q1. What is the principal-agent problem as it relates to managers and stockholders? How did firms try to solve it in the 1990s? In what way did the "solution" backfire on some firms?

Q2. Identify and briefly discuss the main economic functions of government. What function do you think is the most controversial? Explain why.

Reference no: EM13459374

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