• 2021-04-14
    The concept of adverse selection helps to explain _________
  • only A and B of the above.

    内容

    • 0

      The presence of _________ in financial markets leads to adverse selection and moral hazard problems that interfere with the efficient functioning of financial markets.

    • 1

      A circular-flow diagram is a model that A: helps to explain how participants in the economy interact with one another. B: helps to explain how the economy is organized. C: incorporates all aspects of the real economy. D: Both (a) and (b) are correct.

    • 2

      A good example that can explain or clarify a difficult concept or an abstract term should be______.

    • 3

      A circular-flow diagram is a model that: () A: helps to explain how participants in the economy interact with one<br/>another. B: helps to explain how the economy is organized. C: incorporates all aspects of the real economy. D: Both (a) and (b) are correct.

    • 4

      It helps the audience to follow a technical explanation if you give examples first and then explain the process.