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Which one of the following statements is true? Multiple Choice Adverse selection is a problem of monopoly and moral hazard is a problem of information

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Which one of the following statements is true? Multiple Choice Adverse selection is a problem of monopoly and moral hazard is a problem of information asymmetry. Moral hazard is a problem that occurs before a transaction. Adverse selection and moral hazard are problems stemming from asymmetric information. Adverse selection is a problem that occurs after a transaction

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