A Usury Ceiling Will Be Effective Depending on

question 167

Multiple Choice

A usury ceiling will be effective depending on

• A)whether the usury rate is above 10 percent.
• B)whether the usury rate is above 8 percent.
• C)whether that rate is below what the equilibrium rate of interest would have been in a free market.
• D)how well organized the lending institutions are.

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Definitions:

Executable File

A type of computer file that, when opened, instructs the operating system to perform specific actions or run a program.

Nonvolatile

Referring to a type of computer memory that retains data even when the power is turned off.

ROM

Read-Only Memory, a type of non-volatile storage that is used to store firmware or software that is rarely changed or updated.

Unauthorized Access

The act of gaining entry into a computer system, network, or data without permission, thereby compromising security.