Problem
Post-Keynesians suggest that contractual agreements might be a way to deal with asymmetric information.
a. Name a business or consumer transaction where asymmetric information might occur.
b. How could a contractual agreement overcome the problems of asymmetric information in that market?
c. Would that contractual agreement arise without government intervention? (Post-Keynesian)
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.