8. Ned wants a $10,000 loan from Capital One to open a sushi bar, but he filed

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8. Ned wants a $10,000 loan from Capital One to open a sushi bar, but he filed for bankruptcy eight years ago. What type of asymmetric information problem does this example illustrate? LOP8

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Macroeconomics And The Financial System

ISBN: 9781429253673

1st Edition

Authors: N. Gregory Mankiw, Laurence Ball

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