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Social Science Clinic => Economics => Microeconomics => Topic started by: TFauchery on Jul 21, 2019

Title: One result of asymmetric information about people's ability to repay a loan is that:
Post by: TFauchery on Jul 21, 2019

One result of asymmetric information about people's ability to repay a loan is that:
◦ a bank could make many loans to people who don't pay them back.
◦ lenders are better off than with perfect information.
◦ loans will only be made to people who don't pay them back.
◦ banks will not make loans.

Title: One result of asymmetric information about people's ability to repay a loan is that:
Post by: Dinolord on Jul 21, 2019

a bank could make many loans to people who don't pay them back.