Question

Higher cost of borrowing increase the debt - burden.

True

False

​

Answer 1

Answer:

false

Explanation:

mark as brainliest please

Answer 2

Answer:

ANS IS TRUE

HOPE IT HELPS YOU

EXPLANATION

Higher costs of borrowing increase the debt burden.

Informal sources of credit charges higher rates of interest

Due to higher rate of interest the informal sources of credit are generally exploitative in nature.