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Proponents of Deregulation Point to All of the Following Industries

question 59

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Proponents of deregulation point to all of the following industries as examples of successful deregulation except for


Definitions:

Usury Laws

Regulations that set the maximum interest rate that can be charged on loans.

Interest Rates

The cost of borrowing money, typically expressed as a percentage of the amount borrowed, paid to the lender for the use of their funds.

Usury Laws

Regulations governing the amount of interest that can be charged on a loan, intended to protect consumers from excessive rates.

Shortage

A situation in which the demand for a product or service exceeds its supply in a market.

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