Information Asymmetries May Make It Difficult for Important Sectors of the Economy

question 71

Multiple Choice

Information asymmetries may make it difficult for important sectors of the economy to receive the funding they need to keep the economy growing.In many economies,this problem is addressed with ________.

• A)prudential regulation
• B)government-directed credit
• C)government-backed deposit insurance
• D)adverse selection

---

Definitions:

Career Counselling

The process of discussing with employees their current job activities and performance, personal and career interests and goals, personal skills, and suitable career development objectives.

Noise-Reduction

Measures or techniques employed to decrease or mitigate unwanted sound in environments such as workplaces or residential areas.

NAFTA

Stands for the North American Free Trade Agreement, a treaty among the United States, Canada, and Mexico that aimed to eliminate trade barriers and promote economic cooperation among these countries.