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Author Question: The financial innovation of numerical credit scoring contributed to the ________. A) ... (Read 33 times)

V@ndy87

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on: Jun 30, 2018
The financial innovation of numerical credit scoring contributed to the ________.
 
  A) democratization of credit
  B) reduction of loan-to-value ratios
  C) depersonalization of credit
  D) reduction of information asymmetries

Question 2

Which of these transactions results in an increase in M1?
 
  A) withdrawal of 100 cash from your checking account
  B) certificate of deposit matures, adding 520 to your checking account
  C) depositing a bank loan of 400 into your savings account
  D) depositing a 300 paycheck into your savings account
  E) none of the above


yeungji

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

B


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