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The classical dichotomy refers to the separation of
A. prices and nominal interest rates.
B. taxes and government spending.
C. decisions made by the public and decisions made by the government.
D. real and nominal variables.
Business Economics, Economics
Why is the term asymmetric information in order to understand why some people are better informed than others, and the imbalance in information affects the choices they make and how they deal with one another?
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