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Provide a graphical illustration of the credit market in the context of imperfect markets. Discuss how 'credit rationing' arises and what it means. What would
Provide a graphical illustration of the credit market in the context of imperfect markets. Discuss how 'credit rationing' arises and what it means. What would cause the 'equilibrium' supply of credit in the market to increase under market imperfection?
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