Chat with AI
Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767 Exercise 42
Circle the letter that corresponds to the best answer. Which of the following is the most accurate statement about payday lenders?
A) Virtually all of them operate illegally.
B) Nearly all military families owe them money.
C) They charge extremely high interest rates.
D) They are very useful to low-income families, because they force the families to save.
A) Virtually all of them operate illegally.
B) Nearly all military families owe them money.
C) They charge extremely high interest rates.
D) They are very useful to low-income families, because they force the families to save.
Explanation
Verified
Verified
Payday lenders are known for charging ex...
Microeconomics 9th Edition by Stephen Slavin
Why don’t you like this exercise?
Other Minimum 8 character and maximum 255 character
Character 255
