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اقتصاد::
وامدهنده
for rental or sale driven by the fear that lenders could lose the land with some probability, or equivalently, receive only a fraction of the market returns to land due to
important, lenders may not be willing to lend an efficient amount or, in some cases,
If the producer owned the capital, or if there were no moral hazard, that is, a lender
the lender.
the lender could make the stakes high enough for the borrower so that he puts in
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