For Money and Banking How does screening and monitoring help to deal with the moral hazard and adverse selection problems? Please, provide an example for each of these.

Principles of Microeconomics
7th Edition
ISBN:9781305156050
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter22: Frontiers Of Microeconomics
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For Money and Banking

How does screening and monitoring help to deal with the moral hazard and adverse selection problems? Please, provide an example for each of these. 

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