With this usury law in effect there is a _______ of $________ billion.

Question

Quizplus · Accepted Answer

The term "usury" refers to the practice of charging excessive interest rates on loans. If a usury law is put in place, it will limit the amount of interest that lenders can charge. As a result, the lenders may become less willing to offer loans to borrowers, particularly those with lower credit scores and higher risk profiles. This could lead to a shortage of available credit and a decrease in borrowing activity. Therefore, the best choice is C, which suggests that there will be a shortage of $10 billion in credit as a result of the usury law.

With This Usury Law in Effect There Is a _______