What is the difference between moral hazard and adverse selection in borrowing? Explain how asymmetric information may lead to moral hazard and adverse selection. How do financial intermediaries reduce adverse selection and moral hazard problems in borrowing? Explain. What is the difference between moral hazard and adverse selection in borrowing? Explain how asymmetric information may lead to moral hazard and adverse selection. How do financial intermediaries reduce adverse selection and moral hazard problems in borrowing? Explain