Asymmetric Information in Financial Markets Exists When

question 63

Multiple Choice

Asymmetric information in financial markets exists when

• A)teachers know more about banking than students do
• B)borrowers know more about their ability to repay loans than lenders do
• C)lenders know more about borrowers than borrowers know about themselves
• D)borrowers pay off a loan before it is due
• E)borrowers and lenders know more about banking than banks do

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