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johnpaul92 johnpaul92
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Posts: 2600
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8 years ago
The problem with the strategy of achieving credibility through reputation is that
A) rules always have a lower cost than reputations in maintaining credibility.
B) serious costs may be incurred during the period in which reputation is established.
C) reputations lack any commitment.
D) reputations are rarely credible.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
Read 96 times
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supamansupaman
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Posts: 2219
8 years ago
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johnpaul92 Author
wrote...
8 years ago
Appreciate your help, thank you again
wrote...
8 years ago
Take care for now
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