Homework Clinic

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

Title: People who apply for loans know more about their ability to repay the loan than the lenders do. This ...
Post by: segrsyd on Jul 21, 2019: People who apply for loans know more about their ability to repay the loan than the lenders do. This is an example of:
◦ a negative externality.
◦ public information.
◦ asymmetric information.
◦ a community rating.
Title: People who apply for loans know more about their ability to repay the loan than the lenders do. This ...
Post by: rosiehomeworddo on Jul 21, 2019: asymmetric information.
Title: People who apply for loans know more about their ability to repay the loan than the lenders do. This ...
Post by: segrsyd on Jul 21, 2019: Excellent
Title: People who apply for loans know more about their ability to repay the loan than the lenders do. This ...
Post by: rosiehomeworddo on Jul 21, 2019: Great! Please up vote :D