Why is being nosy a desirable trait for a banker?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 73% (15 reviews)
In order for a banker to reduce adverse selection she must screen o...View the full answer
Answered By
Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Economics of Money, Banking and Financial Markets
ISBN: 978-0321598905
9th Edition
Authors: Frederic S. Mishkin
Question Posted:
Students also viewed these Banking questions
-
Why was there a shift from the trait to the behavioral theory paradigm?
-
Being unbiased and having a small variability are two desirable characteristics of a statistic if it is going to be used as an estimator. Describe how the SDSM addresses both of these properties when...
-
Why is it desirable for exchange rates to be stable and predictable?
-
A 32- resistor and a 20- resistor are connected in parallel, and the combination is connected across a 240-V dc line. (a) What is the resistance of the parallel combination? (b) What is the total...
-
A cylindrical specimen 1 in. in diameter and 1-in. high is being compressed by dropping a weight of 200 lb on it from a certain height. After deformation, it is found that the temperature rise in the...
-
the estimated value of depreciation plus the value of accidental damage to capital stock Match each term with its correct definition by placing the appropriate letter next to the corresponding...
-
Consider a completely randomized design with k treatments. Assume that all pairwise comparisons of treatment means are to be made with the use of a multiple- comparison procedure. Determine the total...
-
Bountiful Manufacturing produces two types of bike frames (Frame X and Frame Y). Frame X passes through four processes: cutting, welding, polishing, and painting. Frame Y uses three of the same...
-
Worley Company buys surgical supplies from a variety of manufacturers and then resells and delivers these supplies to hundreds of hospitals. Worley sets its prices for all hospitals by marking up its...
-
A sales-based ranking of software companies provided by Yahoo! Finance on November 5, 2008, places Oracle Corporation third behind sales leaders Microsoft Corporation and IBM Software. Typical of...
-
If the bank you own has no excess reserves and a sound customer comes in asking for a loan, should you automatically turn the customer down, explaining that you dont have any excess reserves to lend...
-
A bank almost always insists that the firms it lends to keep compensating balances at the bank. Why?
-
How do transaction costs play a role in determining customer value?
-
Find the regression equation, letting the first variable be the predictor (x) variable. Using the listed lemon/crash data, where lemon imports are in metric tons and the fatality rates are per...
-
Danny Imasuen is a 37-year-old student working in Quebec. His wages for the current weekly pay period are $580.00. The employer pays $22.00 for life insurance premiums and $190.00 for group medical...
-
ty: Calculating the WACC Excel Activity: Calculating the WACC Here is the condensed 2021 balance sheet for Skye Computer Company (in thousands of dollars) Current assets 2021 $2.000 Net fixed assets...
-
need help completing my one-month project. anyone willing help me. Ellipses Corp One Month Project Ellipses Corp is a small business that operates in Herndon, VA. The company is located at10 Period...
-
The Westchester Chamber of Commerce periodically sponsors public service seminars and programs. Currently, promotional plans are under way for this year's program. Advertising alternatives include...
-
The estimated useful life and residual \ alue of a long-lived asset relate to the cuixent owner or user rather than all potential users. Explain this statement. LO1.
-
What are some of the various ways to implement an awareness program?
-
Statement from President Joe Biden Closing the gender pay gap is more than just an economic imperativeits a moral imperative. For every dollar a White man earns, an AAPI woman earns 87 cents. For...
-
Short-term interest rates in Australia and the United States are 1% and 3% respectively. The current exchange rate is AUD $1.0757 per U.S. dollar. Suppose a forward exchange rate of 1.0500 AUD per...
-
The short-term rate in Japan is 3% and in the United States it is 4%. The current exchange rate is $1 = 109. What is the expected forward exchange rate?
-
On June 23, 2016, the United Kingdom voted on whether to remain or leave the European Union. From June 16 to June 23 the exchange rate between the British pound and the dollar increased from 1.4075...
-
Selected comparative financial statement data for DAS inc. Balance Sheet (En milliers de dollars) 2017 2018 Assets Assets CT - Cash 41.63 47.5 - Accounts Receivable 64.2 72.6 - inventories 969.7...
-
please help!! One chance at turning in!!! 16 rows! I'd highly appreicate it I am unsure what information you need... I provided all Current Attempt in Progress Mike Greenberg opened Grouper Window...
-
Blue Ridge Marketing Inc. manufactures two products, A and B . Presently, the company uses a single plantwide factory overhead rate for allocating overhead to products. However, management is...
Study smarter with the SolutionInn App