User Account

All Pages

Interest on payday loans is too high or just right

Assignment Help Macroeconomics
Reference no: EM132177365

Do you think the interest on payday loans is too high or just right? Should Christians charge poor people interest on loans?

Additional information:

  • "Now in case a countryman of yours becomes poor and his means with regard to you falter, then you are to sustain him, like a stranger or a sojourner, that he may live with you. Do not take usurious interest from him, but revere your God, that your countryman may live with you. You shall not give him your silver at interest, nor your food for gain" (Leviticus 25:35-37, NIV).
  • Search the internet for "Microloans" or "Microcredit" and review the interest charged on these loans.

Reference no: EM132177365

Questions Cloud

Calculate the optimal price that the manufacturer : Production involves a monopoly manufacturer, with a marginal cost of $40, selling to a monopoly downstream retailer, whose only cost is the price paid to the ma
Discuss what are the new innovation today in this area : Virtual Machines: Discuss what are the new innovation today in this area and what effect this area have on the computer field.
Describe economic increment reversal events in acquisition : Describe Economic Increment Reversal Events in Acquisition/Payment Process Give an example.
Describe several barriers : Describe several barriers (beyond antitrust laws) to collusion among oligopolists.
Interest on payday loans is too high or just right : Do you think the interest on payday loans is too high or just right? Should Christians charge poor people interest on loans?
Explain the process you would use to control versions : Version control, also called revision control, is the management of changes made to documents by several people or "reviewers."
Foreign exchange risk : How can the exporter hedge its foreign exchange risk?
What is the meaning of economics of scope : What is the meaning of economics of scope? How do they differ from economics of scale?
Create pitch report on the Stock performance of Nike : Create a two-page pitch report on the Stock performance of "Nike" in the last 2 years. Make sure the report is more like a finance student made it

Reviews

Write a Review

Macroeconomics Questions & Answers

  Find out the nature of volatility in the index

Collect data on a stock index of your choice over a period of time and find out the nature of volatility in the index. You may use ARCH, GARCH, or any other.

  How does the policy affect the demand curve for investment

Suppose there are two types of investment in the economy: business investment and investment in housing. Suppose that the government institutes a certain subsidy paid to people who build new houses.

  Long-term investment and cost-benefit analysis

From the scenario for Katrina's Candies, suggest one (1) method in which Herb could use a cost-benefit analysis to argue for or against an expansion. Create three (3) optimal decision rules for Katrina's Candies (e.g., whether to hire more staff o..

  Sometimes after a really long presentation

Sometimes after a really long presentation, people ask me "what's the takeaway?"  They're looking for a short summary of the main points.  This essay should be the "takeaway" from the CBO's analysis of the Federal budget outlook.

  Receive interest payments from borrowers

In 2015, some banks in Europe had to make interest payments to borrowers rather than receive interest payments from borrowers. Which of the following statements describes this situation?

  How do peoples budget income and substitution effects fit in

How do people's budget, income, and substitution effects fit in? How do you think this influences the demand curve for indoor grill products? Are these choices made rationally? Do you expect beef prices to increase next year? Why or why not?

  Utlizing the aggregate demand and aggregate supply

Utlizing the aggregate demand and aggregate supply model, draw an economy in a boom.

  Declining in the american economy

How would you account for the fact that although some observers claim competition is declining in the American economy, every business firm insists that it faces strenuous competition? Explain.

  Explain how your policy would help increase aggregate demand

Explain how your policy would help increase aggregate demand. That is, does it increase C, I, G, or X? Explain what would happen to prices (i.e. inflation).

  Concept of supply and demand with graphical analysis

Using a supply and demand graph, make one shift of wither the supply or demand curve to illustrate the likely result of this action.

  Expected rate of return on their investment

What is the expected rate of return on their investment if they buy u units of insurance? What number of units will minimize the standard deviation of their return? What is this minimum value? And what is the corresponding return?

  Expansion for solow growth model

According to the Solow growth model, a country that increases its rate of capital investment can overcome diminishing marginal returns to capital and achieve sustained high growth over time.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd