Multiple Choice
Credit rationing occurs when a bank
A) refuses to make a loan of any amount to a borrower, even when she is willing to pay a higher interest rate.
B) restricts the amount of a loan to less than the borrower would like.
C) does either A or B of the above.
D) does neither A nor B of the above.
Correct Answer:

Verified
Correct Answer:
Verified
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