Governments can use public regulation to help solve information asymmetry problems by:
A)mandating participation in a market or program.
B)making screening illegal.
C)mandating that employers build a reputation before screening.
D)All of these are true.

Question

Quizplus · Accepted Answer

Mandating participation in a market or program can help solve information asymmetry by ensuring that all relevant parties are involved and that information is more widely available and standardized, thus reducing the imbalance in information between different parties.

Governments Can Use Public Regulation to Help Solve Information Asymmetry