Government loan guarantees are a risk-free and costless means for helping struggling firms.

Name: Government loan guarantees are a risk-free and costless means for helping struggling firms.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Government loan guarantees involve a risk for the government as they are essentially taking on the financial responsibility of the struggling firm. Additionally, there may be costs associated with administering the loan guarantee program.

Government Loan Guarantees Are a Risk-Free and Costless Means for Helping