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    Exam 1: Economics and Institutions: a Shift of Emphasis
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    When Brenda Takes Out a Mortgage and Does Not Know
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When Brenda Takes Out a Mortgage and Does Not Know

Question 28

Question 28

Multiple Choice

When Brenda takes out a mortgage and does not know if her house's price will go up or down, she faces


A) certainty
B) a guaranteed way to get rich
C) uncertainty

Correct Answer:

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