Which institution awarded Merton the Nobel Prize?
Royal Swedish Academy
Bank of Sweden
Norwegian Nobel Committee
UNESCO
Answer
The Bank of Sweden awarded Merton the Nobel Prize. This institution is responsible for managing Sweden's monetary policy and financial system. It also awards the Nobel Prize in Economic Sciences in Memory of Alfred Nobel, which recognizes outstanding contributions to the field of economics.
Mastering Merton: A Deep Dive into the Legacy of Robert C. Merton
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