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1. Fill in the blank

Fill in the blanks/blank with suitable pair of words/word from the options given below to make a meaningful sentence.

Mr. Holmström, in 1979, ------- a theoretical model and result that significantly -------- the understanding of risk and incentives in employer-employee relationships.

2. Fill in the blank

Fill in the blanks/blank with suitable pair of words/word from the options given below to make a meaningful sentence.

The Economics Nobel -------- larger questions given the high-profile nature of the subject and the fact that it is the only social science for which a prize is --------.

3. Fill in the blank

Fill in the blanks/blank with suitable pair of words/word from the options given below to make a meaningful sentence.

Analysis from The Economist and the Nobel organization ------- that of the 77 laureates who ------------ the 48 economics prizes awarded between 1969 and 2016, all of 38 were U.S. residents and 10 were British.

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