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What can banks do as an alternative to high fixed-interest rates in order to lower rates for consumers and also keep a profitable net interest
What can banks do as an alternative to high fixed-interest rates in order to lower rates for consumers and also keep a profitable net interest spread? Question 3Select one: a. offer variable-rate pricing b. lower the fixed rate c. impose a rate cap d. impose a fixed term
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Microeconomics
Authors: Douglas Bernheim, Michael Whinston
2nd edition
73375853, 978-0073375854
