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O Only I is correct. D Question 23 1 pts Consider the following statements about the problem of entrepreneurship and agricultural investments in very poor
O Only I is correct. D Question 23 1 pts Consider the following statements about the problem of entrepreneurship and agricultural investments in very poor communities: 1. Traditional banking works well in providing financing to these communities. That's because traditional banks are large and approximately risk-neutral, which eliminates the possibility of market failures. Il. One difficulty in obtaining financing is the fact that poor households typically do not have assets that can be used as collateral. Ill. Families and neighbors can create "risk-sharing agreements" to provide insurance to one another, increasing their welfare. Those agreements can be supported by social norms, based on repeated interactions within the community. urces Course Only I is correct. MAR 70 B ... 15 ... A MacBook Pro Search or type URLproblem of entrepreneurship and agricultural investments in very poor communities: 1. Traditional banking works well in providing financing to these communities. That's because traditional banks are large and approximately risk-neutral, which eliminates the possibility of market failures. Il. One difficulty in obtaining financing is the fact that poor households typically do not have assets that can be used as collateral. Ill. Families and neighbors can create "risk-sharing agreements" to provide insurance to one another, increasing their welfare. Those agreements can be supported by social norms, based on repeated interactions within the community. IS O Only I is correct. O No statement is correct. O Only ll is correct. urces O Only III is correct. More than one statement is correct. Course 1 70 8 MAR 15 ... MacBook Pro search of type URL
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