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Idra, a European university student, has moved to another country indefinitely to start a new career.He is currently experiencing anxiety, helplessness, and homesickness.Based on research on acculturation curves, what do you expect to happen with Idra next?
Agency Costs
Costs arising from the conflict of interest between a principal (such as a shareholder) and an agent (such as a company manager), including monitoring and contracting costs.
Moral Hazard
A situation in economics where one party can take risks because they do not bear the full consequences of their actions, often due to asymmetric information or a disconnect between actions and consequences.
Information Gathering
The process of collecting data and information from various sources to make informed decisions or understand situations better.
Principal-agent Relationships
A scenario where one party (the principal) delegates work to another party (the agent), who performs that work on behalf of the principal.
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