In the configuration of an efficient financial system architecture, both banks and capital markets offer lending to firms

Borrowers who pose relatively onerous asset-substitution moral hazard prefer (i) financing, while borrowers who pose less serious moral hazards go directly to (ii).
(i) (ii)
a. capital market banks
b. bank capital markets


B

Business

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Merrill Lynch, Marriott, and Century 21 are examples of 

A. service retailers. B. off-price retailers. C. full-line discount stores. D. dollar stores. E. specialty stores.

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A table of random numbers is a listing of numbers whose systematic order is assured

Indicate whether the statement is true or false

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If you are using specific examples to support a larger theory within your presentation, you are using what method of reasoning?

a. deductive b. inductive c. logical d. emotive

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The civil law system is based on __________ and thus is bureaucratic.

Fill in the blank(s) with the appropriate word(s).

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