There exists a diversity among nations some are rich some are poor and some lies in between the two extremes. Economic system of all nations depends deliberately on three
policies namely monetary, fiscal and exchange rate policy. If we suppose that lack of reserves
inhibit the central bank to formulate the monetary policy effectively and currency
devaluation restricts the efficient exchange rate policy .Which policy would you suggest for
the country like Pakistan .Narrate all the assumptions

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan

How is this a question and how u need an answer for this

His ballance should be $65