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  • If someone is expected to make a payment on a loan and fails to do so, that person is said to have .
Question 1:
If someone is expected to make a payment on a loan and fails to do so, that person is said to have ....... on his*^*or her payments.
A. defaulted
B. capitalized
C. inflated
D. deflated

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Recession and Financial Terms (1) | C1 – Advanced