Lack of available loans for businesses is best described as:
A) stress test.
B) systemic risk.
C) subprime mortgages.
D) credit crunch or credit squeeze.

Name: Lack of available loans for businesses is best described as: A) stress test. B) systemic risk. C) subprime mortgages. D) credit crunch or credit squeeze.
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Question

Quizplus · Accepted Answer

A credit crunch or credit squeeze occurs when there is a lack of available loans or credit for businesses and consumers, making it difficult for them to borrow money.

Lack of Available Loans for Businesses Is Best Described As