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Problem
It is quite common for households in poor communities to rely on loans from their families and neighbors. Such loans often carry very low interest rates, sometimes as low as zero percent.
a. Why are family and friends willing to lend money at such low rates in credit markets where households are typically credit-constrained?
b. How can one reconcile the idea of loans with zero percent interest with the existence of moneylenders charging rates above 100 percent per year?
Compute the opportunity cost of an increase in the number of hours spent studying in order to earn a 3.0 GPA rather than a 2.0 GPA. Find out opportunity cost of an increase in income from $100 to $150.00
The central coordination problems are focused primarily around the distribution of goods only, not the production of goods. Production possibility curves are generally bowed outward because marginal opportunity costs generally increase as more of an ..
What I enjoyed about this course was the cc. The news links that were provided and the "let loose" forums that were provided.
charm city mining company owns two mines each of which produces three grades of ore- high medium and low. the company
Describe the positive and negative implications from your selected topic relative to consumer, provider and insurer, make recommendations for future guidelines.
Now express the answer to Step 3 in terms of percentages: What is the percent change in price, Δp/p, when it increases from $3.50 to $4.00 per gallon? What is the resulting percent change in the number of gallons sold ΔD/D
analyze the balance-of-payment structure and make at least one recommendation for reducing errors andor omissions.
If y = 255 - x - x2 and y = 180 + (2/3)x2 - 21x, find x and y.
The problems in the global banking system in 2007/08 affected most major economies of the world. In response governments introduced monetary and fiscal policies to try to improve the situation. With reference to a country of your choice:-
For the Money Supply, GNP and interest rate series data for the U.S. given on the Springer web site as MACRO.ASC, ?t a VAR three equation model using:- Two lags on each variable
Small firms can discover the abilities of their workers more quickly than the large ones because they can observe the workers more closely at a variety of tasks. Does it then make sense for people with high abilities to go to smal firms.
the pizza company is considering entering the marketplace in your community. use the information from the pizza
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