Financial Planner

Category - Retirement Savings and Income Planning

What is the process by which the party with more knowledge actively conveys information to the party with less knowledge?
  1. Mind meld
  2. Signaling
  3. Disclosing
  4. Training
Explanation
Answer: B - The process by which the party with more knowledge actively conveys information to the party with less knowledge is signaling. This is one of the two ways to alleviate information asymmetry.
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