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Author Question: Which of the following analogies best illustrates the credit-debt trap? A) A country must ... (Read 33 times)

xclash

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on: Jul 16, 2018
Which of the following analogies best illustrates the credit-debt trap?
 
  A) A country must refinance a loan from 10 to 30 years to be able to make payments.
  B) A company is paying off a 15-year loan on an investment that will not produce revenues for five years.
  C) A family must take on additional jobs to pay back loans needed to provide a home and food.
  D) A person is able to pay only some of the interest, and none of the principal, of a large credit card bill.

Question 2

Which of the following is true of the comparison between high-income nations (HI), middle-income nations (MI), and low-income nations (LI)?
 
  A) The per capita amount of MSW in HI nations is about the same as in LI nations.
  B) The total MSW waste generated by LI nations is more than in HI nations.
  C) Lower MI nations are expected to produce more total MSW in 2025 than LI and HI nations.
  D) All categories of MI nations are trending toward more MSW production than HI nations.


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ilianabrrr

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Reply #1 on: Jul 16, 2018
Answer to Question 1

D

Answer to Question 2

C


xclash

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Reply 2 on: Jul 16, 2018
Great answer, keep it coming :)

billybob123

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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