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Which of the following statements is false? 0 Stiglitz and Weiss argue that as interest rates increase, investors with safe projects are more likely to
Which of the following statements is false? 0 Stiglitz and Weiss argue that as interest rates increase, investors with safe projects are more likely to exit the credit market than investors with risky projects. 0 Stiglitz and Weiss argue that credit rationing occurs as a temporary phenomenon and is eliminated once markets have had time to adjust. O Stiglitz and Weiss argue that due to limited liability, banks make losses on loans when rms that receive loans are unable to repay. 0 None of the above
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