G banks have to write off as losses. In 2010 what percentage of loans were written off as losses? d. Why is the credit card rate so much higher than other rates? AERU Corporate Then NL bn Do 10 voit b. Usually the but plus recesson.ru WORK IT OUT For internet, Interactive activity go online Predict the elect on the supply of CHALLENGES 24. The United States borrows a lot of money from other countries. If you wanted to use the lifecycle theory to explain this, would you say that the United States is acting like a "young" country, an "old"country, or a "middle-aged" country? There's more than one correct way to answer this question. 25. Lenders are more willing to lend if the borrower can put up collateral for the loan. Remember that collateral is something of value that by agree- ment becomes the property of the lender if the borrower defaults. In the United States, many small business owners borrow money for their business by using their houses or business assets as collateral. But in many developing countries, people don't have secure property rights, or title, to the land or house in which they live. In Bangalore, India, for example, it's nearly impos- sible to say who owns a piece of land and about 85% of the people in that city live on a piece of land for which they have no title. How difficult do you think it would be for a small business person in Bangalore to get a modest-sized loan? 26. Bank savings accounts typically pay an interest rate well below the inflation rate. As of spring 2017, for example, the best interest rates on savings accounts were around 1% per year, while the CPI inflation increase, decrease decrease, or noe the likely effect a. Television that the en b. Breakthrou increase li c. Geologis the Sout environs capital d. A busi pessim being their rate was around 2.5% per year. What does this mean about the real interest rate on bank savings? Knowing this, why would people still choose to So any money in bank savings accounts? worr