The possibility that a borrower will break a promise made to the lender after the loan is made is one form of
A) the moral hazard problem.
B) the adverse selection problem.
C) outside collateral.
D) inside collateral.
A
Economics
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The expected effects of a tighter monetary policy are
a. lower real interest rates. b. exchange rate depreciation. c. lower inflation. d. All of the above are correct.
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Patent and copyright laws are major sources of
a. natural monopolies. b. government-created monopolies. c. resource monopolies. d. antitrust regulation.
Economics