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6 years ago
The existence of adverse selection results in
A) reduced market efficiency.
B) an increase in the likelihood of moral hazard.
C) an increase in market transactions.
D) higher transactions costs.
Textbook 
Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
Authors:
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vehmeinvehmein
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6 years ago
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emoji Author
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6 years ago
Thanks for your help!!
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Yesterday
Good timing, thanks!
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2 hours ago
Thanks
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