Credit risk is the risk that
A) an insufficient number of borrowers will apply for loans or credit.
B) interest rates will rise after a loan has been granted.
C) interest rates will fall after a loan has been granted.
D) borrowers might default on their loans.
D
Economics
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Reducing transfer payments is an appropriate way to counteract a recessionary gap
a. True b. False Indicate whether the statement is true or false
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