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In the Diamond-Dybvig banking model, the assumption on the timing of consumption reflects which of the following ideas? A.In reality, production shortage can prevent some
In the Diamond-Dybvig banking model, the assumption on the timing of consumption reflects which of the following ideas?
A.In reality, production shortage can prevent some consumers from early consumption.
B.In reality, some consumers are more patient than others.
C.In reality, there are unforeseen random needs for liquidity.
D.In reality, there are both young and old consumers.
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