Which of the following would you expect to see for borrowers with a high risk of default, compared to borrowers with a low risk of default?

A. A supply curve that is further to the right
B. A surplus of loans
C. A demand curve that is further to the left
D. A higher interest rate


Answer: D

Economics

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Suppose the U.S. government encouraged new medical school graduates to take over existing practices from doctors wishing to retire by paying both the new and retiring doctors $100,000. These doctors would be exemplifying the economic idea that

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The 1974 federal legislation that exempted employers from certain state laws governing health insurance was

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Economics