24. Financial institutions that cut back on their lending are engaged in A) liability management B) deleveraging C) financial innovation D) torsion control

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter17: Financial Markets
Section: Chapter Questions
Problem 11RQ: Why are banks more willing to lend to well-established firms?
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24. Financial institutions that cut back on their lending are engaged in
A) liability management
B) deleveraging
C) financial innovation
D) torsion control
Transcribed Image Text:24. Financial institutions that cut back on their lending are engaged in A) liability management B) deleveraging C) financial innovation D) torsion control
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