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    Financial System and the Economy Principles
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    Exam 12: Regulation of the Banking System and the Financial Services Industry
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    What Term Is Used to Describe the Maximum Interest Rate
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What Term Is Used to Describe the Maximum Interest Rate

Question 73

Question 73

Multiple Choice

What term is used to describe the maximum interest rate FIs were allowed to charge borrowers for certain types of loans?


A) Regulation Q interest rate ceilings
B) usury ceilings
C) interest rate floors
D) None of the above is correct.

Correct Answer:

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