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    Money Banking Study Set 1
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    Exam 9: Transactions Costs, Asymmetric Information, and the Structure of the Financial System
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    The Existence of Adverse Selection Results In
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The Existence of Adverse Selection Results In

Question 87

Question 87

Multiple Choice

The existence of adverse selection results in:


A) reduced market efficiency
B) an increase in the likelihood of moral hazard
C) increase market transactions
D) higher transaction costs

Correct Answer:

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