This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: People in developing countries may want to participate in a rotating savings and credit association ... (Read 80 times)

mydiamond

  • Hero Member
  • *****
  • Posts: 804
on: Jun 30, 2018
People in developing countries may want to participate in a rotating savings and credit association (ROSCAS) because:
 a. such associations are part of the black market and they offer attractive returns.
  b. such associations promise a guaranteed return unlike other banking institutions.
  c. such associations allow participating individuals to invest their savings abroad.
  d. such associations allow all but the last member to receive funds faster than they could save on their own.
  e. most governments encourage it.

Question 2

A price ceiling set below the equilibrium price is binding.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

frre432

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

True


mydiamond

  • Member
  • Posts: 804
Reply 2 on: Jun 30, 2018
:D TYSM

duy1981999

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Rotating around any node leaves a phylogeny unchanged Rotating around any node leaves a phylogeny unchanged
Unhappy people Unhappy people
Upward social mobility, though welcome, can place people in a world so different from their world of ... Upward social mobility, though welcome, can place people in a world so different from their world of ...
People using walkers typically have a high level of mobility impairment. People using walkers typically have a high level of mobility impairment.
Countries where malaria is prevalent today are located in the warm tropics and subtropics Countries where malaria is prevalent today are located in the warm tropics and subtropics
People with Huntington disease develop problems with neuromuscular control and gradually lose the us People with Huntington disease develop problems with neuromuscular control and gradually lose the us
Video: The life cycle of protein

For a complete list of videos, visit our video library