Microfinance is the practice of lending ________, with no collateral, and accepting ________ savings deposits.
A. government-backed funds; government securities as
B. very small amounts of money; small
C. foreign currency; foreign currency as
D. money electronically; electronic
Answer: B
You might also like to view...
A car insurance company pays 90% of the total damage in case of an accident. This is an example of ________
A) a coinsurance B) a dividend C) a brokerage D) a subsidy
At the beginning of the financial crisis, banks were hurt by all of the following EXCEPT
A) declines in the value of mortgage-backed securities. B) defaults on mortgages by those with subprime mortgages. C) holding too many Treasury bonds. D) not being repaid on loans to real estate developers.
A pure monopolist is selling 7 units at a price of $12. If the marginal revenue of the 8th unit is $4, then the price of the 8th unit is
A) $10. B) $11. C) greater than $12. D) $4.
When making decisions on pricing and other behaviors, oligopolistic firms must take into account the actions of other firms
a. True b. False Indicate whether the statement is true or false