If banks face a problem in loan markets when bad credit risks are the ones most likely

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If banks face a problem in loan markets when bad credit risks are the ones most likely to seek bank loans, the situation is described as.
Moral hazard
Moral suasion
Adverse selection
Fraud
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Managerial Economics A Problem Solving Approach

ISBN: 978-1133951483

3rd edition

Authors: Luke M. Froeb, Brian T. McCann, Mikhael Shor, Michael R. War

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