An important type of information asymmetry is:

When a country establishes one rate as the exchange rate, but allows their currency to fluctuate within a certain percentage of that value, it is said to have

A) parity bands. B) dollarized. C) a currency basket. D) a pegged currency.

In the diagram of the decision tree, what lies at the bottom, the roots?

a. The basic decision b. The alternatives c. Resources d. Values