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Author Question: The risk that a borrower has more information about their previous behavior than a potential lender ... (Read 87 times)

codyclark

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The risk that a borrower has more information about their previous behavior than a potential lender is known as the ________.
 
  A) moral hazard problem
  B) adverse selection problem
  C) time-space discontinuity
  D) tertiary behavior problem

Question 2

Under a flexible exchange rate, an increase in the domestic money supply leads to
 
  A) a devaluation of the domestic currency.
  B) a revaluation of the domestic currency.
  C) a depreciation of the domestic currency.
  D) an appreciation of the domestic currency.



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snackralk

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Answer to Question 1

B

Answer to Question 2

C




codyclark

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Reply 2 on: Jun 30, 2018
Gracias!


xoxo123

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Reply 3 on: Yesterday
Excellent

 

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