Question: 1 pts The problem created by asymmetric information before the transaction occurs is called transaction occurs is called while the problem created after the adverse

 1 pts The problem created by asymmetric information before the transaction

1 pts The problem created by asymmetric information before the transaction occurs is called transaction occurs is called while the problem created after the adverse selection moral hazard moral hazard, adverse selection costly state verification; free-riding free-riding: costly state verification

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