Empirical Evidence Suggests That Usury Laws

question 35

Multiple Choice

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.

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Definitions:

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The distinct phases in an individual's life characterized by specific physical, psychological, and social changes related to aging.

Gerontocracies

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