Question 43 Explain the 'lemons problem' as it applies with the stock and bond markets. Discuss: a) Why the lemons problem exists. (1 mark) b) Discuss how the private production and sale of information reduces the lemons problem. (1 mark) c) Does the private production and sale of information completely solve the lemons problem? Why? or Why Not? (1 mark) d) How do financial markets resolve the lemons problem? (2 marks) Question 44 List three stages of a financial crisis: (1 mark)