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Yoshi Yoshi
wrote...
Posts: 4092
9 years ago
Theoretically, what are the consequences if the government assumes the burden of bad loans?

A) Citizens will default on their mortgages.
B) Banks will learn from their mistakes and pay back the burden with interest.
C) Ultimately, the government will profit.
D) Firms will be encouraged to continue their risky behavior.

This is for my political science class.
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bbb
wrote...
9 years ago
DD
Yoshi Author
wrote...
9 years ago
Muchas gracias!

Appreciate your help tremendously Smiling Face with Open Mouth
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