One way to solve the problems caused by information asymmetry is:
A. screening.
B. signaling.
C. building a reputation.
D. All of these are solutions to information asymmetry.
D. All of these are solutions to information asymmetry.
Economics
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The term "depository institution" refers to
A) savings and loan associations only. B) commercial banks, credit unions, and savings and loan associations. C) credit unions only. D) commercial banks only.
Economics
The investment by firms in the creation of products not yet available on the market is referred to as:
A) working capital. B) creative capital. C) innovation funds. D) research and development.
Economics