When financial institutions go on a lending spree and expand their lending at a rapid pace they are participating in a
A) credit boom.
B) credit bust.
C) deleveraging.
D) market race.
Answer: A
When financial institutions go on a lending spree and expand their lending at a rapid pace they are participating in a
A) credit boom.
B) credit bust.
C) deleveraging.
D) market race.