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If a borrower's net worth increases: a) the supply of loans decreases. b) the likelihood of moral hazard also increases. c) the borrowers are likely
- If a borrower's net worth increases:
a) the supply of loans decreases.
b) the likelihood of moral hazard also increases.
c) the borrowers are likely to want to take less risk.
d) the moral hazard risk for the potential lenders decreases.
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Basic Finance An Introduction To Financial Institutions, Investments, And Management
Authors: Herbert B. Mayo
12th Edition
1337691011, 978-1337691017
