Creditors require collateral in many cases, because
A) it helps offset the risks of lending the funds.
B) the borrower is a low risk.
C) the loan is small.
D) none of the above.
A
Economics
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Cashing out capital gains in Virtual Currency System #3 (i.e., turning virtual capital gains into real world currencies) causes the nation's:
a. Monetary base to fall. b. M2 money supply to rise. c. M2 money multiplier to remain the same. d. M2 money supply to fall.
Economics
There is an externality present only when
A) private costs equal social benefits. B) private benefits equal social benefits. C) private costs or benefits diverge from social costs or benefits. D) private costs equal social costs.
Economics