Usury Laws Are Often Politically Popular Because

question 218

Multiple Choice

Usury laws are often politically popular because

• A)few people sympathize with banks and other lenders who are suspected of price gouging.
• B)consumers are in favor of the lower lending rates.
• C)those concerned with affordable housing for the poor favor ceilings on mortgage rates.
• D)All of the above are correct.

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Definitions:

Government Owns

A situation where assets, enterprises, or other resources are owned and controlled by the government rather than by private individuals or organizations.

Laissez Fair Capitalism

An economic system where private parties are free from government intervention in their economic decisions.