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    Financial Markets and Institutions Study Set 1
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    Exam 7: Why Do Financial Institutions Exist?
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    Conflicts of Interest Pose a Problem Because They
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Conflicts of Interest Pose a Problem Because They

Question 105

Question 105

Multiple Choice

Conflicts of interest pose a problem because they


A) lower the quality of information.
B) increase problems of asymmetric information.
C) make the financial system less efficient.
D) do all of the above.

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