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Business, 28.12.2019 06:31 nev322

Aperson takes out a car loan at a bank, but actually uses the money to play the lottery. this situation is an example of which problem banks face in lending?

a. adverse selection
b. moral hazard
c. interest rate
d. risk liquidity.

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Aperson takes out a car loan at a bank, but actually uses the money to play the lottery. this situat...

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