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 102 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
Excellent


kishoreddi

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

For a complete list of videos, visit our video library