Muhammad Yunus, The Grameen bank founder, was highly successful in applying social incentives through group responsibility to maximize loan repayment rates and created an incentive for other banks to offer similar loans to the poor.
Since Professor Muhammad Yunus founded Grameen Bank in 1976, several economists have analyzed the Grameen Bank's success in trying to eradicate poverty in Bangladesh, either theoretically or empirically. He used social incentives through group responsibility to maximize loan repayment rates and created an incentive for other banks to offer similar loans to the poor.
Social incentives refer to a wide variety of interpersonal motivations and rewards that encourage people to act in a socially valued and approved manner. Projecting a positive reputation and social image, obtaining social acceptance, and moving up the social hierarchy are all examples of social incentives.
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Working with real estate agent brochure and agreement form.
25,741.17
because you multiply 0.098x5,837x45! hope this helps!
Potential output or potential GDP is also known as Full-employment GDP.
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What do you understand by Full-employment GDP?</h3>
Full Employment GDP is the fictitious GDP level that an economy would reach if it reported full employment or the GDP level that would result in zero unemployment. An economic scenario known as full employment occurs when all of the labor resources are being utilized as effectively as feasible. The term "full employment" refers to the maximum possible level of both skilled and unskilled workers in a given economy. Or more people will be required to produce the goods and services the more the economy produces. However, there will come a point at which all resources are used up and no more output can be created.
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the retailer’s main function is to provide merchandise in the right quality, quantity, price, time, and at the right place. The first task that a retailer has to perform is to identify the consumer needs and wants.
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