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The Economics of Money, Banking and Financial Markets 4th Edition by Frederic Mishkin
Edition 4ISBN: 978-0133859997The Economics of Money, Banking and Financial Markets 4th Edition by Frederic Mishkin
Edition 4ISBN: 978-0133859997 Exercise 22
9. Rich people often worry that others will seek to marry them only for their money. Is this a problem of adverse selection?
Explanation
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Adverse selection is a principal-agent p...
The Economics of Money, Banking and Financial Markets 4th Edition by Frederic Mishkin
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