Multiple Choice
Asymmetric information can lead to the _______- informed parties to try to take advantage of the -_______ informed parties, which can cause_______ .
A) better; less; moral hazard, but not adverse selection
B) better; less; moral hazard and adverse selection
C) less; better; adverse selection, but not moral hazard
D) less; better; moral hazard, but not adverse selection
Correct Answer:

Verified
Correct Answer:
Verified
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