If Mary invests $500 and receives yearly interest of $40, the rate of interest she is earning on her $500 must be

The concept of "the invisible hand" suggests that markets

A) do not produce the efficient quantity. B) are always fair. C) produce the efficient quantity. D) are unfair. E) allocate resources unfairly and inefficiently.

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