During the Great Depression,as Real Interest Rates Rose,good Credit Risks

question 50

Multiple Choice

During the Great Depression,as real interest rates rose,good credit risks were less likely to seek loans.This process illustrates the phenomenon of ________.

• A)adverse selection
• B)moral hazard
• C)poor monetary policy
• D)debt deflation

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The ability to read and write at a level that enables individual participation in society, access to information, and continued learning.