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What Is a Haircut

Question 14

Multiple Choice

What is a haircut?


A) The private sector agrees to a discount on the debt they are owed.
B) Borrowers agree to a discount on the debt they are owed.
C) Central banks agree to a discount on the debt they are owed.
D) Lenders agree to a discount on the debt they are owed.
E) Governments agree to a discount on the debt they are owed.

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