Which prize did Michael Spence receive in 2001?
The Pulitzer Prize
The Booker Prize
Nobel Memorial Prize in Economic Sciences
The Grammy Award
Answer
The Nobel Memorial Prize in Economic Sciences was awarded to Michael Spence in acknowledgement of his ground-breaking research and analysis of the role of information asymmetry within the contexts of different economic market mechanisms, notably, but not limited to, the labor market
Mastering Economics: The Michael Spence Quiz
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