Asymmetric information means
A) some market participants have more information than others.
B) some news are more important than others.
C) some market participants interpret news differently.
D) the impact of news on economic outcomes depends on the context.
E) consumers do not understand completely their own preferences.
Correct Answer:
Verified
Q5: If the collateral constraint does not bind,then
Q6: The phenomenon that some consumers pay a
Q7: In the two-period model,a bank
A) creates money.
B)
Q8: The default premium increases when there is
Q9: Limited commitment means
A) one cannot credibly promise
Q11: If consumers use their house as collateral
Q12: Asymmetric information in the credit market means
Q13: In a simple model of credit imperfections,when
Q14: In a pay-as-you-go system,
A) the young tranfer
Q15: If the proportion of bad borrowers increases,
A)
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