When a child saves her allowance to buy a toy, she is engaged in external finance.
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Q7: The two types of asymmetric information problems
Q8: The majority of funds raised by firms
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Q10: When banks refuse to lend to borrowers
Q11: The majority of internal finance for firms
Q13: Asymmetric information problems increase costs to both
Q14: Asymmetric information leads to allocational inefficiencies in
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Q16: Asymmetric information leads to market inefficiencies.
Q17: Interest on loans is an example of
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