This topic contains a solution. Click here to go to the answer

Author Question: Usury laws result in banks making less credit available to lower-income households because A) ... (Read 98 times)

tsand2

  • Hero Member
  • *****
  • Posts: 520
Usury laws result in banks making less credit available to lower-income households because
 
  A) higher-income households will pay a higher interest rate than lower-income households.
  B) loans made to higher-income households have no risk.
  C) loans to lower-income households are riskier than loans to higher-income households.
  D) the regulated interest rate does not adequately compensate the bank for the risk of the loan to a lower-income household.

Question 2

Empirical evidence suggests that usury laws
 
  A) help poor consumers by lowering the interest rate they pay.
  B) hurt poor consumers by limiting their ability to borrow.
  C) keep interest rates low.
  D) limit the amount borrowed by wealthier consumers.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jharrington11

  • Sr. Member
  • ****
  • Posts: 365
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 32% of students answer this correctly




tsand2

  • Member
  • Posts: 520
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it


xoxo123

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Excellent

 

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

For a complete list of videos, visit our video library