If the Equilibrium Rate of Interest Would Be 10 Percent

Multiple Choice

If the equilibrium rate of interest would be 10 percent, but the usury law sets 8 percent,

A) the quantity of funds supplied would be greater than the quantity demanded.
B) economic efficiency would be promoted.
C) some applicants for loans would likely be turned down.
D) lenders would be able to fund fully all requests for loans.