Question: you told the bank loan officer that you are getting...
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You told the bank loan officer that you are getting a loan to purchase new tools for your business. In reality you use the money to pay off your losing bets made on the Clemson/Alabama game. This is an example of A) the problem of a double coincidence of wants. B) the problem of adverse selection. C) the problem of moral hazard. D) the use of financial markets for illicit purposes.
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