According to the article, what are some of the general benefits of microlending, as stated by Roodman? Check all that apply. Creation of new businesses that helped boost the local economy Decreased poverty rates from 74% to 40% Decreased birth rates, resulting in women having a greater sense of control over their lives It is not surprising that several factors can jeopardize the success of microlending. For example, in India, high interest rates on microcredit result in debtors taking loans with second and third companies to help make payments on their first loan. In other cases, people from each other to pay off their debts, as suggested in the article. Countries like India can attain the success of microlending in Bangladesh by asking their lending agencies to avoid specific procedures. Which of the following is an example of a procedure that should likely be avoided? Protect borrowers from loan sharks Enlist more commercial companies to help with loan repayments O Put borrowers in groups of five to promote loan repayment

According to the article, what are some of the general benefits of microlending, as stated by Roodman? Check all that apply. Creation of new businesses that helped boost the local economy Decreased poverty rates from 74% to 40% Decreased birth rates, resulting in women having a greater sense of control over their lives It is not surprising that several factors can jeopardize the success of microlending. For example, in India, high interest rates on microcredit result in debtors taking loans with second and third companies to help make payments on their first loan. In other cases, people from each other to pay off their debts, as suggested in the article. Countries like India can attain the success of microlending in Bangladesh by asking their lending agencies to avoid specific procedures. Which of the following is an example of a procedure that should likely be avoided? Protect borrowers from loan sharks Enlist more commercial companies to help with loan repayments O Put borrowers in groups of five to promote loan repayment

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter1: Introducing The Economic Way Of Thinking

Section: Chapter Questions

Problem 3SQP

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