Question
Limited liability happens if: Group of answer choices i. The borrower does not pay back the loan in case of involuntary default (or an unsuccessful
Limited liability happens if:
Group of answer choices
i. The borrower does not pay back the loan in case of involuntary default (or an unsuccessful project).
ii. The lender cannot take away the borrowers assets.
iii. The burden of default of an individual loan falls to the entire group
i. and ii. are true
i. and iii. are true
ii. and iii. are true
Suppose that a CCT program increases schooling for poor individuals by 1.0 years, and increases long-term earning by 9% from an average of $2,895 per year.
What are the returns to education in this population? The result will be "x%" , enter x with 2 decimals, no need to write "%".
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started