Question
A collateral shock refers to a reduction in: A.interest rates so that it is less costly to borrow. B.the value of collateral so that borrowing
A collateral shock refers to a reduction in:
A.interest rates so that it is less costly to borrow.
B.the value of collateral so that borrowing becomes more difficult.
C.the effect of a negative shock on the damage of businesses.
D.collateral requirements so that borrowing becomes easier
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Environmental Economics
Authors: Stephen Smith
6th Edition
0199583587, 9780199583584
