ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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https://www.federalreserve.gov/aboutthefed/educational-tools/lecture-series-federal-reserve-response-to-the-financial-crisis.htm
Question 4
A "deterioration of lending practices" occurs when:
O lenders require larger down payments by borrowers.
O lenders make more fixed rate long term loans.
O loans are made only to people who can prove they do not need a loan.
O loans are provided to people who are unlikely to be able to repay.
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Transcribed Image Text:Question 4 A "deterioration of lending practices" occurs when: O lenders require larger down payments by borrowers. O lenders make more fixed rate long term loans. O loans are made only to people who can prove they do not need a loan. O loans are provided to people who are unlikely to be able to repay.
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