Adverse Selection Refers to a Situation in Which

Adverse selection refers to a situation in which

A) employers have more information about a job's salary than the job candidate does
B) a job candidate has more information about the job's salary than the employer does
C) employers have more information about a job candidate's abilities than the candidate does
D) a job candidate has more information about her abilities than the employer does
E) only below-average job candidates apply for a job