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    Economics Today
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    Exam 14: Money Banking and Central Banking
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    If Knowledge Possessed by One Party in a Financial Transaction
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If Knowledge Possessed by One Party in a Financial Transaction

Question 44

Question 44

Multiple Choice

If knowledge possessed by one party in a financial transaction is not known to the other party, ________ exists.


A) disintermediation
B) asymmetric information
C) fraud
D) no financial intermediation

Correct Answer:

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