Symmetric information
A)is the same as perfect information.
B)holds under the assumption of rational expectations.
C)is true only in efficient markets.
D)means that savers and borrowers have the same information.

Question

Quizplus · Accepted Answer

Symmetric information means that both savers and borrowers have access to the same information. It doesn't necessarily require rational expectations or efficient markets, and it's not the same as perfect information (which would mean everyone has complete and accurate information).

Symmetric Information