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valputin valputin
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8 years ago
A bank that wants to monitor the check payment practices of its commercial borrowers, so that moral hazard can be reduced, will require borrowers to
A) keep compensating balances in a checking account at the bank.
B) place a bank officer on their board of directors.
C) place a corporate officer on the bank's board of directors.
D) purchase the bank's CDs.
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
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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
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8 years ago
Correct
Our course uses > The Economics of Money, Banking and Financial Markets
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8 years ago
You're very welcome, valputin
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