Without usury laws, banks will
A) charge very high interest rates to all borrowers.
B) charge higher interest rates to riskier borrowers than to safer borrowers.
C) charge very low interest rates to all borrowers.
D) face no demand for loans.
B
Economics
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The sum of the current account, capital and financial account, and official settlements account is
A) a positive number if the country has a trade surplus. B) a negative number if the country has a trade deficit. C) positive or negative depending on whether the domestic exchange rate is appreciating or depreciating. D) always equal to zero.
Economics
As an agent of economic development, in what areas do NGOs have a comparative advantage, compared to governments or markets?
What will be an ideal response?
Economics