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Economic History of the Soviet Union
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» Why Microcredit? - Practice Questions
1. The interest rates on micro credit loans are often
between 50-100% annually
very low, between 0.5 and 1%
comparable to interest rates in more developed countries
2. Which of the following is a frequent way borrowers use micro credit?
investment in a new business
investment in transportation
c. both a. and b.
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Copyright 2012 - Tyler Cowen and Alex Tabarrok