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    Foundations of Macroeconomics
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    Exam 12: Markets with Private Information
  5. Question
    Signals Are Believable When the Cost of Sending a ________
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Signals Are Believable When the Cost of Sending a ________

Question 37

Question 37

Multiple Choice

Signals are believable when the cost of sending a ________ is known to be ________.


A) false signal; low
B) false signal; high
C) true signal; low
D) true or false signal; low
E) true signal; high

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