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Ao9 Ao9
wrote...
Posts: 1908
Rep: 1 0
9 years ago
The phenomenon that some consumers pay a higher interest rate when they borrow than the interest rate they receive when they lend is best described as an example of
A) the burden of public debt.
B) a vast banking conspiracy.
C) irrational behavior.
D) a credit market imperfection.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
Read 171 times
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Answer verified by a subject expert
GordisGordis
wrote...
Top Poster
Posts: 1906
9 years ago
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Ao9 Author
wrote...
9 years ago
You're sharp, thanks!
wrote...
9 years ago
I'm assuming I was right? Wink Face Don't forget to mark as solved.
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