Microfinance is aimed at introducing entrepreneurs among the very poorest parts of the developing world to the capital market.

Answer the following statement true (T) or false (F)

True

Economics

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In the event of a recession, which of the following is the most likely policy stance of those who advocate a passive approach to economic policy?

a. Cutting taxes b. Increasing government spending c. Reducing interest rates d. Increasing the money supply e. Doing nothing

Economics

The Interstate Commerce Commission was created to check the monopoly power of ________ and ended up protecting them from the competitive forces of _________

a. passenger rail service; interstate bus companies b. the Civil Aeronautics Board; the Federal Communications Commission c. airlines; automobiles d. railroads; truck transportation e. railroads; inland barge service

Economics