Financial institutions for the poor have been neglected because

a. large banks considered rural branches to be unprofitable
b. economists and others believed that poor people were unable to save
c. the poor often save in non-monetary forms
d. small farmers and business people were considered to be untrustworthy borrowers
e. all of the above

E

Economics

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U.S. exports of goods and services flow to households and firms in ________, and U.S. financial inflows of capital flow to households and firms in ________

A) the rest of the world; the United States B) the rest of the world; the rest of the world C) the United States; the United States D) the United States; the rest of the world E) the United States; the rest of the world and the United States

Economics

The vertical Phillips curve occurs in the long run because

A. wage and price rigidities prevent changes in aggregate demand to change unemployment. B. economic agents are quick to respond to changes in the price level. C. the aggregate supply curve is vertical which means that changes in aggregate demand will not change unemployment. D. of lags in monetary and fiscal policies.

Economics