What is credit rationing? Why would it ever be rational for a profit-maximizing bank to ration credit?
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What is credit rationing? Why would it ever be rational for a profit-maximizing bank to ration credit?
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Credit rationing is a situation where a lender refuses to extend credit to a borrower at a price po...View the full answer
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Related Book For 
Contemporary Financial Intermediation
ISBN: 9780124052086
4th Edition
Authors: Stuart I. Greenbaum, Anjan V. Thakor, Arnoud Boot
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