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__________costs of borrowing increase the debt-burden. - Social Science

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Question

__________costs of borrowing increase the debt-burden.

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Solution

 High costs of borrowing increase the debt-burden.

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Formal and Informal Financial Institutions for Savings and Credit
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Chapter 3: Money and Credit - Exercises [Page 53]

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NCERT Social Science Understanding Economic Development [English] Class 10
Chapter 3 Money and Credit
Exercises | Q 12.2 | Page 53
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