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Which of the following describes an example of information asymmetry?

A

Lou is hesitant to hire Mary because he does not know whether she is qualified to be a news producer.

B

Ted does not work as hard as he should because he expects Mary and Murray to do his work.

C

Murray earns a lower salary as a result of poor ratings for the news program for which he writes.

D

Mary pays high rent as a result of the lack of rental housing in Minneapolis.

E

Sue Ann is paid a higher salary than other employees because of the high ratings for her TV show.

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