Appropriate Technology May Allow an FI to Achieve Lower-Cost Funding

question 6

True/False

Appropriate technology may allow an FI to achieve lower-cost funding.

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Definitions:

Majority

Majority refers to more than half of a particular group or quantity, often used to describe the greater part of a population or collection.

Population

Refers to the total number of people living in a particular area or country at a specific time.

Law

A system of rules that are created and enforced through social or governmental institutions to regulate behavior.

Economically Inefficient

A situation where resources are not allocated optimally, leading to waste or the inability to maximize value or output.