Could someone explain?
1) What are two ways a seller of labour (that is, someone looking for a job) might reassure a possible employer who is faced with imperfect information?
2) What are two ways that a farmer looking to rent ground might reassure a landowner that is faced with imperfect information about the rental agreement ( in terms of financial and agricultural ability)?
3) What is the total amount of interest collected from a $5,000 loan after 3 years with a simple interest rate of 6%
a) What would the total amount of interest collected be if compound interest was used?