Microfinance is aimed at introducing entrepreneurs among the very poorest parts of the developing world to the capital market.
Answer the following statement true (T) or false (F)
True
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Of the following, which is the least likely to be an example of substitute goods?
A) beer and pretzels B) margarine and butter C) beef and chicken D) tea and coffee
An industry's equilibrium wage rate is established
A) by the industry supply curve for labor alone. B) by the slope of the industry demand curve for labor alone. C) by the Labor Department and based on the cost of living in the area. D) by the intersection of the industry supply and demand curves for labor.
If the slope of a linear function changes with no change in the Y-intercept
a. the graph shifts either up or down in a parallel way. b. the graph remains unchanged. c. the graph rotates about its X-intercept. d. the graph rotates about its Y-intercept.
Financial intermediaries are:
A. institutions that channel funds from people who have them to people who want them. B. government officials who bring together buyers and sellers in a market. C. those who negotiate terms of settlement between borrower and lender when one is in default. D. those who negotiate terms of settlement between buyer and seller when one is in default.