Which of the following would cause an increase in interest rates in credit markets?
A. A decrease in business demand for credit
B. An increase in the supply of consumer saving
C. An increase in the supply of business saving
D. An increase in consumer demand for credit
D. An increase in consumer demand for credit
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One of the primary reasons that Mexico has experienced relatively low rates of economic growth is that for Mexican entrepreneurs,
A) the government has a history of nationalizing all successful domestically-owned industries. B) problems in the banking system have made it difficult to obtain the funding needed to finance expansion. C) there is a shortage of low-skilled labor to fill manufacturing jobs. D) incentives from its neighboring Central American countries has attracted most of the foreign investment in the region.
If there were no usury law, the interest rate would be ________%.
A. 18
B. 20
C. 23
D. 26