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    Microeconomics Study Set 25
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    Exam 20: Uncertainty, Risk, and Private Information
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    When an Individual Knows More About His or Her Own
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When an Individual Knows More About His or Her Own

Question 45

Question 45

Multiple Choice

When an individual knows more about his or her own actions than other people do,incentives are distorted,which causes:


A) moral hazard.
B) adverse selection.
C) screening.
D) signaling.

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