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book Macroeconomics 8th Edition by David Colander cover

Macroeconomics 8th Edition by David Colander

Edition 8ISBN: 978-0077398088
book Macroeconomics 8th Edition by David Colander cover

Macroeconomics 8th Edition by David Colander

Edition 8ISBN: 978-0077398088
Exercise 5
Could the borrowing circle concept be easily adapted for use in the United States?
a. Why or why not?
b. What modifications would you suggest if it were to be adopted?
c. Minorities in the United States often do not use banks. In what ways are U.S. minorities' problems similar to those of people in developing countries? (Requires reading "Real-World Application: Micro Credit" on page 223.)
Explanation
Verified
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Borrowing circle:
The borrowing circle ...

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Macroeconomics 8th Edition by David Colander
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