Author Question: Two people are involved in a borrower/lender situation, and one person has superior knowledge of its ... (Read 65 times)

DyllonKazuo

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Two people are involved in a borrower/lender situation, and one person has superior knowledge of its own current and future prospects over the other person. This is known as
 
  A) symmetric information. B) deceptive knowledge.
  C) preventable information. D) asymmetric information.

Question 2

If the population of a country increases, while GDP remaining constant, then ________.
 
  A) income per capita will remain unchanged B) trade deficit will decrease
  C) gross national product will increase D) income per capita will decrease



Mholman93

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Answer to Question 1

D

Answer to Question 2

D



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