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EBK MACROECONOMICS
4th Edition
ISBN: 8220103648165
Author: KRUGMAN
Publisher: MAC HIGHER
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Question
Chapter 10, Problem 2QFT
To determine
Concept Introduction:
Financial System: It is a system where all the borrowers and lenders exchange their financial assets.
Micro Lending: It is a type of lending in which very small loans are provided to the people who are in need. It also refers to the amount of loans which is less than 50,000.
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