Examlex
For which of the following is the change in reserves necessarily different from the change in the monetary base?
Agent
A person who acts on behalf of another individual (a principal). Principal–agent problems are created by the incentive conflict between principals and agents.
Principal
An individual who hires another (an agent) to act on his or her behalf.
Incentivize
To motivate or encourage someone by providing a reward or incentive.
Fruit Pickers
Laborers who are employed in agriculture to manually harvest fruits from plants and trees.
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