-If there were no usury law,the quantity of money borrowed would be $______ billion.

Question

Quizplus · Accepted Answer

The quantity of money borrowed would be $250 billion if there were no usury law. This is because the usury law sets a maximum interest rate that can be charged on loans. If there were no usury law, lenders would be able to charge higher interest rates, which would make it more expensive to borrow money. As a result, the quantity of money borrowed would decrease.

-If There Were No Usury Law,the Quantity of Money Borrowed