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valputin valputin
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8 years ago
From the standpoint of ________, specialization in lending is surprising but makes perfect sense when one considers the ________ problem.
A) diversification; moral hazard
B) diversification; adverse selection
C) adverse selection; diversification
D) moral hazard; diversification
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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8 years ago
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valputin Author
wrote...
8 years ago
Correct
Our course uses > The Economics of Money, Banking and Financial Markets
wrote...
8 years ago
Slight Smile Good luck with the rest
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