Thrift institutions importance as a source of funds for borrowers
A) has shrunk from around 40 percent of total credit advanced in the late 1970s to below 30 percent by 2014.
B) has shrunk from over 20 percent of total credit advanced in the late 1970s to around 3 percent by 2014.
C) has expanded dramatically, from around 15 percent of total credit advanced in the late 1970s to above 25 percent by 2014.
D) has expanded dramatically, from around 15 percent of total credit advanced in the late 1970s to above 30 percent by 2014.
B
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Lizzie's budget line is shown in the figure above. If Lizzie's income is $20, which of the following formulas represents her budget equation?
A) QC = 20 + QM B) QC = 20 - QM C) QC = -20 + 2 QM D) QC = 20 - 2QM
The gap between rich and poor countries is likely to be greatest for
a. life expectancy b. literacy rate c. per capita income d. moral development e. years of education