The risk of a borrower defaulting on a loan is known as:
A. credit risk.
B. default risk.
C. loan risk.
D. asset risk.
A. credit risk.
Economics
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If the AS and the AD curve intersect at a level of real GDP that exceeds potential GDP, then the appropriate monetary policy is one that ________ the federal funds rate and ________ aggregate demand
A) raises; increases B) lowers; decreases C) raises; has no effect on D) lowers; increases E) raises; decreases
Economics
Suppose in the country of Nash that the price of corn is $4 per bushel with no trade allowed. If the world price of corn is $3 per bushel and if Nash allows free trade, will Nash be an importer or an exporter of corn?
Economics