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Author Question: For a mortgage lender that makes mortgage loans to borrowers, which one of the following would be an ... (Read 75 times)

lak

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on: Jul 1, 2018
For a mortgage lender that makes mortgage loans to borrowers, which one of the following would be an example of moral hazard?
 a. After the loan has been made, individuals become careless with their finances
  b. Individuals most likely to default are the ones most likely to apply for the loan
  c. Lenders performing a credit check on all potential borrowers
 d. None of the above

Question 2

What is the marginal revenue of producing the fourth unit?
 a. 90
  b. 40
  c. 20
  d. 180


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blfontai

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Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

b


lak

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Reply 2 on: Jul 1, 2018
Excellent

bbburns21

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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