Author Question: Microcredit projects and programs assume a. international NGOs often produce neocolonial ... (Read 72 times)

jenna1 · **on:** Sep 4, 2018

Microcredit projects and programs assume

a. international NGOs often produce neocolonial dependencies.
b. local moneylenders need additional support.
c. very poor people have intelligence and skills.
d. individual borrowers must bear the repayment responsibility.
e. small loans to the poor make sense, but professionals should do other banking activities.

Question 2

Economies of scale means that the per-unit cost of a product

a. decreases with increased production of the product.
b. increases as the cost of inputs such as raw materials increases.
c. decreases when the market creates less demand.
d. increases because inputs remain about the same.
e. changes little.