Unanticipated moral hazard contingencies can be reduced by

A) screening.
B) long-term customer relationships.
C) specialization in lending.
D) credit rationing.

B

Economics

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Like the monetarists, new classical economists favor

a. money growth aimed at achieving a nominal GDP target. b. discretionary policy action. c. a money growth rate that stabilizes output. d. a money growth rule that guides monetary policy.

Economics

When a business is considered by law to be a legal entity, it is known as a

A) partnership. B) conglomerate. C) corporation. D) proprietorship.

Economics