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Which of the following statements about credit decisions is NOT correct? Retail loans tend to be smaller than wholesale loans. Retail customers are more likely
Which of the following statements about credit decisions is NOT correct? Retail loans tend to be smaller than wholesale loans. Retail customers are more likely to be rationed through loan quantity restrictions than through interest rates. Beyond some critical interest rate, wholesale loans may be rationed through loan quantity restrictions. Household borrowers involve lower costs of information collection for lenders. O Financial institutions use both interest rates and credit quantity to control redit risk for wholesale (large business) loans
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