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Ao9 Ao9
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Posts: 1908
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8 years ago
In the two-period model, the nature of the asymmetric information is that
A) only borrowers know whether they are bad or not.
B) only banks can value the collateral.
C) only the bank knows who the bad borrowers are.
D) only borrowers know the value of their collateral.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
Read 144 times
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GordisGordis
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#1
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Posts: 1906
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8 years ago
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Ao9 Author
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#2
8 years ago
You're sharp, thanks!
wrote...
#3
8 years ago
I'm assuming I was right? Wink Face Don't forget to mark as solved.
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