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    Money the Financial System
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    Exam 11: Reducing Transactions Costs and Information Costs
  5. Question
    When There's Asymmetric Information, Who Tends to Have the Better
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When There's Asymmetric Information, Who Tends to Have the Better

Question 43

Question 43

Multiple Choice

When there's asymmetric information, who tends to have the better information?


A) lender
B) borrower
C) intermediary
D) equally likely to be the borrower or the lender

Correct Answer:

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