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Author Question: Economic growth and development in LDCs are low because many of them lack: a. saving. b. ... (Read 17 times)

jazziefee

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  • Posts: 505
on: Jun 30, 2018
Economic growth and development in LDCs are low because many of them lack:
 a. saving.
  b. infrastructure.
  c. a political environment favorable to growth.
  d. All of these.

Question 2

A banking system that provides people immediate access to their deposits, but that allows banks to hold only a portion of those deposits on reserve, is known as:
 a. an excess reserve system.
  b. a fractional reserve system.
  c. the Fed.
  d. the FDIC.
  e. an asset-based system.


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blazinlyss

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

b


jazziefee

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

Animal_Goddess

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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