Question 1

_________ costs of borrowing increase the debt-burden.

Accepted Answer

Higher costs of borrowing increase the debt burden.Informal sources of credit charges higher rates of interest Due to higher rate of interest the informal sources of credit are generally exploitative in nature.

Question 2

Fill in the blanks with appropriate words in the following sentences.In olden days the goods were exchanged for goods, which was called _____________ system of exchange.

Accepted Answer

Barter system is a system of exchange where the persons involved in a transaction exchanged goods or services for other goods or services without using a medium of exchange, such as money.

Money And Credit

Economics
459 Views

_________ costs of borrowing increase the debt-burden.

Fill in the blanks with appropriate words in the following sentences.
In olden days the goods were exchanged for goods, which was called _____________ system of exchange.

Money And Credit

Economics 459 Views

_________ costs of borrowing increase the debt-burden.

Fill in the blanks with appropriate words in the following sentences. In olden days the goods were exchanged for goods, which was called _____________ system of exchange.

Economics
459 Views

Fill in the blanks with appropriate words in the following sentences.
In olden days the goods were exchanged for goods, which was called _____________ system of exchange.