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Which of the following is an incorrect statement about information asymmetry? a. Information asymmetry does not exist in a perfect asset market. O b. Moral

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Which of the following is an incorrect statement about information asymmetry? a. Information asymmetry does not exist in a perfect asset market. O b. Moral hazard can only occur after a transaction is contracted. c. Adverse selection may lead to market failure. d. Moral hazard is a consequence of adverse selection. A Moving to another question will save this response

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