Give three potential explanations of why moneylenders charge high interest rates. How do the different explanations affect

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Give three potential explanations of why moneylenders charge high interest rates. How do the different explanations affect your assessment of the efficiency and equity of informal credit markets?

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The Economics Of Microfinance

ISBN: 978-0262513982

2nd Edition

Authors: Beatriz Armendariz ,jonathan Morduch

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