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1.3.4 Information gaps

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Question 2

Which one of the following would be a market-failure risk if 'applicants were granted immediate funds based on self-reported financial losses without auditing' in this emergency recovery scheme?

A

Market rigging

B

Asymmetric information

C

Crowding out

D

Speculation

Markscheme

1.3.4 Information gaps Questions

  1. A Level
  2. /Economics
  3. /1.3.4 Information gaps

15 exam-style questions on Edexcel A A Level Economics 1.3.4 Information gaps. Each one has a worked solution and a mark scheme showing where the marks go.

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