The government can help solve an information asymmetry problem by:
A)providing the missing information to the less informed party.
B)requiring the more informed party to reveal the missing information.
C)finding ways to make the same amount of information known to both parties.
D)All of these are true.

Question

Quizplus · Accepted Answer

All options (A, B, and C) describe ways in which the government can address information asymmetry by ensuring that both parties in a transaction have equal access to relevant information. This can be achieved by directly providing information, mandating disclosure, or facilitating equal information access.

The Government Can Help Solve an Information Asymmetry Problem By