Question: Why do financial markets have a tendency to fail or crash, having serious implications for the rest of the economy? Sellers of financial products have
Why do financial markets have a tendency to fail or crash, having serious implications for the rest of the economy? Sellers of financial products have access to more information than buyers of financial products Buyers of financial products have more access to information than sellers of financial products There are too many regulations in financial markets They are affected by externalities from other markets
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