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Explain the four tools that can help solve the principal-agent problem.
Hypnosis
A state of highly focused attention or concentration, often associated with relaxation and heightened suggestibility.
Opioid Epidemic
A widespread crisis primarily in the United States involving a substantial increase in the use and abuse of opioids, leading to a significant rise in addiction and overdose deaths.
Marijuana Use
The act of consuming marijuana, a psychoactive drug from the Cannabis plant, for medical or recreational purposes.
Chronic Marijuana
The long-term or habitual use of marijuana, potentially leading to adverse health outcomes or dependency issues.
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