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Before a bank charter is given to a group of individuals, the chartering agency carefully examines the background of these applicants for any criminal record.
Before a bank charter is given to a group of individuals, the chartering agency carefully examines the background of these applicants for any criminal record. This is to _______. Question 25 options: a) increase moral hazard problem b) decrease moral hazard problem c) increase adverse selection problem d) decrease adverse selection problem e) only (b) and (c) of the above
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