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Explain the concept of asymmetric information in general. Discuss the implications of asymmetric information for the...

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Economics

Explain the concept of asymmetric information in general.Discuss the implications of asymmetric information for the marketof deposits, the credit market and the inter-bank market.

[50 marks]

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4.1 Ratings (589 Votes)
asymmetric information refers to a situation in which one party has different information to another this situation occurs when the seller of a good or service has greater knowledge than the buyer of the good it is also known as information    See Answer
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