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Asymmetric Information Can Lead to the _______- Informed Parties to Try

Question 97

Multiple Choice

Asymmetric information can lead to the _______- informed parties to try to take advantage of the -_______ informed parties, which can cause_______ .


A) better; less; moral hazard, but not adverse selection
B) better; less; moral hazard and adverse selection
C) less; better; adverse selection, but not moral hazard
D) less; better; moral hazard, but not adverse selection

Correct Answer:

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