4. Why are informal financial markets used in developing countries? Give an example of an informal financial

Question:

4. Why are informal financial markets used in developing countries? Give an example of an informal financial market.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Fundamentals Of Economics

ISBN: 9780618992676

4th Edition

Authors: William Boyes , Michael Melvin

See More Books

Question Posted: Jul 10, 2024 10:00 AM

See More Questions

How can you distinguish a firm in an oligopolistic market from a firm in a monopolistic competitive market
I need a transcript (what I'm going to talk and explain them) for my presentation from this book chapter 10 (page 271-277) "Controversy over regulation of int finance". Please help measap, deadline...
Montonya Company has the following selected data for the current year: Sales (10,000 units) $90,000 Direct materials 30,000 Direct labor costs 10,000 Variable manufacturing overhead 3,500 Fixed...
Samson Tile produces its product in two processing departments: Forming and Finishing. The following T-account shows the Forming Department's Work in Process Inventory at August 31 prior to...
Cullen Corporation Ltd. has the following capital structure at December 31, 2011, its fiscal year end: The following additional information is available. 1. On July 31, 2011, Cullen Corporation...
How does the Ethernet address 1A:2B:3C:4D:5E:6F appear on the line in binary?
Bird colonies Refer to your graph from Exercise 6. (a) Describe the relationship between number of new sparrowhawks in a colony and percent of returning adults. (b) For short-lived birds, the...
Girard & Company, Certified Public Accountants, audited the financial statements included in the annual report submitted by PMG Enterprises, Inc., to the Securities and Exchange Commission (SEC). The...
Question 2 of 17. Robin (32) is the sole proprietor of a sushi restaurant. In 2022, she made SEP-IRA contributions on behalf of herself and three employees. Her contributions were made in the...
5. First Bank has cash reserves of $200,000, loans of $800,000, and deposits of $1,000,000. a. Prepare a balance sheet for the bank. b. If the bank maintains a reserve requirement of 12 percent, what...
2. Discuss how each of the following would serve the functions of money: a. Gold b. Yap stone money c. Cigarettes d. Diamonds
On December 31, 2011, WER Productions reported $100,000 of contributed capital and $20,000 of retained earnings. During 2012, the company had the following transactions. Prepare a statement of...
POTI ENTERPRISES LTD. STATEMENT OF INCOME FOR THE YEAR ENDED DECEMBER 31 (current year) SALES $600,000 COST OF SALES: $50,000 OPENING INVENTORY 250,000 PURCHASES 300,000 CLOSING INVENTORY 60,000...
10. Describe a qualified defined contribution plan for the self-employed and discuss the advantages and disadvantages in adopting this type of plan. 11. Describe a SEP IRA and discuss the advantages...
7.) In 1999, the average percentage of women who received prenatal care per country is 80.1%. Table #7.3.9 contains the percentage of woman receiving prenatal care in 2009 for a sample of countries...
Describe A demographic profile of the population and community that will be served through the reinvented Human Service program. The description must include all eligibility requirements (i.e.,...
You work for a major financial institution. Your branch handles customer calls from a wide variety of individuals. Recently, you've noticed an increase in calls from individuals from African...
Name the micro structural products of 4340 alloy steel specimens that are first completely transformed to austenite, then cooled to room temperature at the following rates: (a) 10C/s, (b) 1C/s, (c)...
Feller Company purchased a site for a limestone quarry for $100,000 on January 2, 2019. It estimate that the quarry will yield 400,000 tons of limestone. It estimates that its retirement obligation...
question 1- You borrow a simple loan of SR 500,000, interest rate is 20%, it matures in one year. what's the yied to maturity? question 2- calculate_i for One-Year Discount Bond with price(p) =...
Taste of Muscat is a reputed chain of restaurants operating in Oman. Assume You are working as a management accountant for this restaurant chain which is specialized in all types of Arabic food. Your...
Industry Current Year Minus 1 Current Year Minus 2 Company: Air Products and Chemicals, Inc. (APD) Stock Price: 306.72 USD Shares Outstanding: 220.89 M Financial Ratios Most Current Year Current...

4. Why are informal financial markets used in developing countries? Give an example of an informal financial

Question:

Step by Step Answer:

Fundamentals Of Economics

Students also viewed these Business questions