An expensive action that is taken to reveal information is called a(n):
A) adverse selection.
B) signal.
C) credible promise.
D) principal-agent problem.

Name: An expensive action that is taken to reveal information is called a(n): A) adverse selection. B) signal. C) credible promise. D) principal-agent problem.
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The Answer of An expensive action that is taken to reveal information is called a(n):
A) adverse selection.
B) signal.
C) credible promise.
D) principal-agent problem.

An Expensive Action That Is Taken to Reveal Information Is