Signalling:
A)redistributes wealth from the high- risk type to the low- risk type.
B)redistributes wealth from the low- risk type to the high- risk type.
C)destroys wealth since acquiring the signal is costly.
D)creates wealth by creating a new market.

Question

Quizplus · Accepted Answer

The Answer of Signalling:
A)redistributes wealth from the high- risk type to the low- risk type.
B)redistributes wealth from the low- risk type to the high- risk type.
C)destroys wealth since acquiring the signal is costly.
D)creates wealth by creating a new market.