Usury laws typically regulate
A)interest rates paid on savings.
B)interest rates charged on loans.
C)rents charged on land.
D)economic rent earned in all factor markets.

Question

Quizplus · Accepted Answer

Usury laws specifically regulate the maximum amount of interest rates that can be charged on loans. They are in place to protect borrowers from excessive interest rates and predatory lending practices. Usury laws do not typically regulate interest rates paid on savings, rents charged on land, or economic rent earned in all factor markets.

Usury Laws Typically Regulate