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K Let us suppose that you apply for a bank loan. You tell the bank that you are going to remodel your house, but after
K Let us suppose that you apply for a bank loan. You tell the bank that you are going to remodel your house, but after you get the loan you go to Las Vegas to gamble with the money. Your behavior is an example of OA. moral hazard OB. direct credit allocation OC. indirect credit allocation. OD. adverse selection
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