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    Exam 14: Imperfect Information: Adverse Selection and Moral Hazard
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    A Situation in Which the Uninformed Side of the Market
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A Situation in Which the Uninformed Side of the Market

Question 59

Question 59

Multiple Choice

A situation in which the uninformed side of the market must choose from an undesirable selection of goods is an example of


A) indifferent information.
B) perfect information.
C) asymmetric information.
D) a thick market.

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