20100323110750 20100323110750

03-06-2021
Business

contestada

How would non repayment of loan affect the economy of the country?

Respuesta :

ParisAddict ParisAddict

03-06-2021

Answer: The economy would most likely suffer.

Explanation: Non-performing loans (NPLs) are a burden for both lender and borrower; they contract credit supply, distort allocation of credit, worsen market confidence and slow economic growth.

Answer Link

Otras preguntas

which defines a circle?

Is -56 rational,integer,or irrational number!! please help me asap

If the frog lands with a velocity equal to its average velocity and comes to a full stop 0.25s later, what is the frog’s average acceleration?

Michael and a friend are driving to Fort Lauderdale, Florida for a vacation. They will be driving a round trip of 875 miles. Michael's car gets 21 miles per gal

On January 1, 2018, Allgood Company purchased equipment and signed a six-year mortgagenote for $186,000 at 15%. The note will be paid in equal annual installmen

Dr. Chu is doing research to acquire evidence as to why people become angry when they are driving in busy traffic. Which of the four basic goals of psychology i

Which sentences describes a disadvantage of writing

8 x - 4 (5 - x) = -44

Businesses can be classified into the following forms: proprietorship, partnership, corporation, limited liability company (LLC), and limited liability partners

What jazz influence is displayed in the following lines from Langston Hughes's poem "Deferred"? I want to pass the civil service. I want a television set. Yo