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Author Question: When bankers make loans they do not have an adverse selection problem. Indicate whether the ... (Read 79 times)

jhjkgdfhk

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on: Jun 30, 2018
When bankers make loans they do not have an adverse selection problem.
  Indicate whether the statement is true or false

Question 2

Suppose the seller of a used car provides unverifiable information about its quality to a prospective buyer. Unverifiability will reduce the cost of formulating a contract.
  Indicate whether the statement is true or false


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tjayeee

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

F


jhjkgdfhk

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

gcook

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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