Author Question: Bad risks may be the most willing to pay high interest rates and thus get loans. This describes an ... (Read 57 times)

bio_gurl

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Bad risks may be the most willing to pay high interest rates and thus get loans. This describes an example of
 a. symmetrical information
  b. adverse selection
  c. natural selection
  d. moral hazard
  e. the winner's curse

Question 2

Which of the following groups has the highest infant mortality rate?
 a. middle-income economies
  b. low-income economies
  c. high-income economies
  d. Western European economies
  e. all the world's economies



Animal_Goddess

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Answer to Question 1

B

Answer to Question 2

B



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