One result of asymmetric information in the market for bank loans ...

[Jkov05]

One result of asymmetric information in the market for bank loans is that
 a. few loans are offered
  b. few bad loans are made
  c. more bad loans than good loans may be made
  d. lenders benefit at the expense of borrowers
  e. the interest on good loans will be higher than otherwise

Question 2

On average, about half the labor force in developing countries works in agriculture, versus only about 3 percent in industrial market countries.
 a. True
  b. False

[Yixagurpuldink]

Answer to Question 1

C

Answer to Question 2

A

[Jkov05]

Thank you

[Yixagurpuldink]

No problemo