Who was the founder of the Grameen Bank? Dr. Muhammod Yunus O Dr. Michael Kremer O Dr. Abhijit Banerjee O Dr. Esther Duflo

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
icon
Related questions
Question
Economics: Undergraduate Capstone Economics Thank you for your help and support Academic Agent!
Question 30
Who was the founder of the Grameen Bank?
Dr. Muhammod Yunus
O Dr. Michael Kremer
O Dr. Abhijit Banerjee
O Dr. Esther Duflo
Transcribed Image Text:Question 30 Who was the founder of the Grameen Bank? Dr. Muhammod Yunus O Dr. Michael Kremer O Dr. Abhijit Banerjee O Dr. Esther Duflo
Question 29
Micro-finance loans like those provided by the Grameen Bank that rely on group liability have a number of disadvantages.
Which below is one of them?
Successful members must at times cover the group's losses in order to avoid default and retain access to credit.
O Group lending leads to high fixed costs per individual loan.
O Group lending increases the risk to an individual member since there is a decline in the monitoring of each individual borrower.
O Group lending raises the overall risk to any individual member.
Transcribed Image Text:Question 29 Micro-finance loans like those provided by the Grameen Bank that rely on group liability have a number of disadvantages. Which below is one of them? Successful members must at times cover the group's losses in order to avoid default and retain access to credit. O Group lending leads to high fixed costs per individual loan. O Group lending increases the risk to an individual member since there is a decline in the monitoring of each individual borrower. O Group lending raises the overall risk to any individual member.
Expert Solution
steps

Step by step

Solved in 4 steps

Blurred answer
Knowledge Booster
Central Bank
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:
9780190931919
Author:
NEWNAN
Publisher:
Oxford University Press
Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education