The risk of making a loan is
A) the risk that the borrower does not pay.
B) earning profits that are too high and cause higher taxes.
C) called "default risk" when taxes are not paid.
D) the risk that the lender does not pay.
Correct Answer:
Verified
Q42: The Reserve Bank of Australia
A)conducts the nation's
Q44: Which of the following is NOT included
Q45: Q46: The major role of a commercial bank Q48: The opportunity cost of holding money balances Q49: Money is Q50: If an economy has no money, then Q51: Modern Australian commercial banks perform all of Q52: If an economy tried to use bananas Q405: Which of the following equations represents the
A)equivalent to barter.
B)a means of payment.
C)currency
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents