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Mairoon Mairoon
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6 years ago
If the market interest rate is 5% and a bank advertises loans at 12%, the bank will receive
A) no applications.
B) applications from mostly low-risk borrowers.
C) applications from mostly high-risk borrowers.
D) a moral hazard.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
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ChronosChronos
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6 years ago
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Mairoon Author
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6 years ago
Just got PERFECT on my quiz
apelton
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Correct Slight Smile TY
SupremeDJ
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2 hours ago
This helped my grade so much Perfect
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