Solved

When a Lender Refuses to Make a Loan,even Though Borrowers

Question 1

Multiple Choice

When a lender refuses to make a loan,even though borrowers are willing to pay the stated interest rate or even a higher rate,it is said to engage in ________.


A) specialized lending
B) strategic refusal
C) diversified lending
D) coercive behavior
E) none of the above

Correct Answer:

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