Microfinance is the practice of lending ________, with no collateral, and accepting ________ savings deposits.
A. foreign currency; foreign currency as
B. very small amounts of money; small
C. money electronically; electronic
D. government-backed funds; government securities as
Answer: B
You might also like to view...
A predatory pricing strategy will have the greatest chance of success when the predatory price is set below the cost of the firm's competitors, new rivals are unlikely to enter after the strategy ends, and profits can be recouped in a relatively
short period of time. Indicate whether the statement is true or false
Local governments receive around _____ of their total revenue from intergovernmental transfers
a. fifteen percent b. twenty-five percent c. thirty-five percent d. forty-five percent
GDP will tend to overstate the productive capacity of a country when
a. economic bads like pollution are produced and then must be cleaned up. b. there is a sizable underground economy. c. nonmarket production represents a large portion of the economy. d. working conditions improve, allowing jobs to be completed safer and faster.
When the Fed decreases the money supply, interest rates
A. rise, causing velocity to fall. B. fall, causing velocity to fall. C. rise, causing velocity to rise. D. fall, causing velocity to rise.