One of the negative consequences of poor or nonexistent formal financial institutions for the economy in LDCS is:
a. crime rates are high because people try to steal money they desperately need
b. people are forced to borrow from family members
c. there is no capital created or invested
d. the only place to keep one’s money is in a piggy bank
c. there is no capital created or invested
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The Payment Card Industry Standards are enforced by the Federal Trade Commission.
a. true b. false
When a firm's production of a product requires it to purchase
items from another firm to complete the production, these purchased items are called: A) intermediate goods. B) equilibrium points. C) good-for-good exchanges. D) indirect goods.
In Chapter 5 the term "system specific" refers to the inability to generalize to other countries from what we know about this country
Indicate whether this statement is true or false.
Which theory states that national security can be best secured through international law and cooperation among nations in a democratically constituted international organization?
a. Liberalism b. Realism c. Unilateralism d. Multilateralism e. Preemption