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valputin valputin
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8 years ago
If mortgage brokers do not make a strong effort to evaluate whether the borrower can pay off a loan, this creates a
A) decrease in the demand for houses.
B) decline in mortgage applications.
C) call to deregulate the industry.
D) severe adverse selection problem.
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
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#2
8 years ago
Correct
Our course uses > The Economics of Money, Banking and Financial Markets
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#3
8 years ago
You're very welcome, valputin
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