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M & B 4th Edition by Dean Croushore
Edition 4ISBN: 978-1111823351M & B 4th Edition by Dean Croushore
Edition 4ISBN: 978-1111823351 Exercise 3
During a credit crunch, small fi rms appear to be harmed more than large fi rms are. Explain why this is true. Can you relate this result to asymmetric-information problems?
Explanation
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The banks did not provide the loans to t...
M & B 4th Edition by Dean Croushore
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