Question 5 The common law and civil-law systems inherited by developing nations from former colonizers are examples of religious, political institutions. O religious, legal institutions. moral, legal institutions. non-religious, legal institutions.Question 6 A development bank adopts a policy to assist rural borrowers by offering a low-interest source of funds to informal money-lenders. If the informal credit market is characterized by monopolistic competition with relatively low barriers to entry by lenders, the predicted impact on the interest rates faced by borrowers is ()ambiguous because the lenders' average fixed cost could fall by more than their marginal costs rises. ()positive because the lenders' marginal costs must rise while their average fixed cost remains unchanged. O ambiguous because the lenders' average fixed cost could rise by more than their marginal cost falls. )negative because the lenders' marginal cost must fall while their average fixed cost remains unchanged.Question 15 and alleviate the diminishing marginal returns faced by a single farmer. ()Infrastructure; more workers () Infrastructure; lower input prices ()Infrastructure; mechanization ()A smaller piece of land; mechanizationQuestion 18 Allocating privately-held formal titles to agricultural land is more likely to be beneficial in regions where, other things equal, ()crop production is becoming increasingly commercial. ()there are extensive well-functioning informal credit markets. ( population density is low. () existing communal systems of property rights work well