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    Financial Markets and Institutions Study Set 1
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    Exam 7: Why Do Financial Institutions Exist?
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    Because of the Adverse Selection Problem,lenders May Refuse Loans to Individuals
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Because of the Adverse Selection Problem,lenders May Refuse Loans to Individuals

Question 67

Question 67

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Because of the adverse selection problem,lenders may refuse loans to individuals with low net worth.

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