Statements uses economic vocabulary correctly

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Reference no: EM13819110

Which of the following statements uses economic vocabulary correctly?

A. Asymmetric information and adverse selection are types of moral hazard.

B. Moral hazard and asymmetric information are types of adverse selection.

C. Moral hazard and adverse selection are types of asymmetric information.

D. Moral hazard and symmetric information are both types of adverse selection.

Reference no: EM13819110

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