Multiple Choice
Which is not a reason Usury laws are often politically popular?
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) The lower rates allow people to borrow more.
D) Lenders, not the Usury laws, are often blamed by people who do not get loans.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: On January 1, 2010, a homeowner borrowed
Q3: Usury laws interfere with the automatic workings
Q4: The quantity of loanable funds demanded<br>A)is where
Q5: Demand for labor is<br>A)derived demand.<br>B)highly elastic.<br>C)dependent on
Q6: The economic rent analysis does not apply
Q7: Which factor receives the profit from production?<br>A)Land<br>B)Labor<br>C)Capital<br>D)Entrepreneurship
Q8: Mr.Calhoun owned a worn-out piece of farmland
Q9: The marginal productivity principle implies that<br>A)quantity demanded
Q10: Economic rent is the amount of money
Q11: Putting new ideas to work is called<br>A)invention.<br>B)innovation.<br>C)management.<br>D)MPP.