1. A field research data shows the following marginal utility result: MUt = (1+r) / (1+) Et [MUt+1]+ t+1 What can explain the presence of t+1?

	a.	Lack of savings products available to smooth income over time
	b.	None of these
	c.	Mandatory savings for clients at microfinance banks
	d.	Multiple microloan providers in the region

2. Which of the following are included in a "minimalist approach" to microfinance services according to the Handbook?

	a.	Basic business training (such as book keeping or marketing)
	b.	Working capital loan
	c.	Education services
	d.	Provision of credit insurance