This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: One result of asymmetric information about people's ability to repay a loan is that: (Read 345 times)

TFauchery

  • Hero Member
  • *****
  • Posts: 500
on: Jul 21, 2019
One result of asymmetric information about people's ability to repay a loan is that:
◦ a bank could make many loans to people who don't pay them back.
◦ lenders are better off than with perfect information.
◦ loans will only be made to people who don't pay them back.
◦ banks will not make loans.
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by TFauchery on Jul 21, 2019

Dinolord

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jul 21, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 59% of students answer this correctly


TFauchery

  • Member
  • Posts: 500
Reply 2 on: Jul 21, 2019
Thanks for the timely response, appreciate it

nyrave

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Healed bone fractures can provide clues about activities and fresh fractures can yield information a Healed bone fractures can provide clues about activities and fresh fractures can yield information a
A patient’s cognitive ability depends on his or her psychologic status, which is influenced by ... A patient’s cognitive ability depends on his or her psychologic status, which is influenced by ...
The bridging ability of IgM: (a) Pictorial view of IgM bridging of red cells. (b) Macroscopic view ... The bridging ability of IgM: (a) Pictorial view of IgM bridging of red cells. (b) Macroscopic view ...
Testing the client’s ability to feel vibrations, the toe Testing the client’s ability to feel vibrations, the toe
8.The following table contains DNA-sequence information compiled by Marilyn Kozak (1987). The ... 8.The following table contains DNA-sequence information compiled by Marilyn Kozak (1987). The ...
No payments were made on a $2,598 loan during its three-year term. What was the annually ... No payments were made on a $2,598 loan during its three-year term. What was the annually ...
Video: Amniocentesis and CVS Animation

For a complete list of videos, visit our video library