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The concept of adverse selection helps to explain all of the following EXCEPTA、why firms are more likely to obtain funds from banks and other financial intermediaries, rather than from the securities markets.B、why indirect finance is more important than direct finance as a source of business finance.C、why direct finance is more important than indirect finance as a source of business finance.

The concept of adverse selection helps to explain all of the following EXCEPT
A、why firms are more likely to obtain funds from banks and other financial intermediaries, rather than from the securities markets.
B、why indirect finance is more important than direct finance as a source of business finance.
C、why direct finance is more important than indirect finance as a source of business finance.

发布时间:2026-01-30 15:24:19
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答案:C.why direct finance is more important than indirect finance as a source of business finance.
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