Multiple Choice
Which of the following is an attempt to reduce the problem of asymmetric information?
A) When someone is applying for a job, the employer checks references to determine the previous work habits of the applicant.
B) An insurance company requires people who want to purchase life insurance to take a physical exam.
C) When someone is considering buying a used car from a dealership, the potential buyer requests documentation of the repair history of the car.
D) All of the above are correct.
Correct Answer:

Verified
Correct Answer:
Verified
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