Econ ch 9-13 launchpad questions

Usury laws that limit interest rates that someone can be charged for a loan are an example of: A. commodity taxes, which typically don't work well. B. price ceilings, which typically don't work well. C. price floors, which typically work very well. D. Pigouvian subsidies, which typically work very well.

B

Argentina and Brazil are mentioned in the video as examples of countries in which: A. frequent bank runs threaten financial stability. B. lending is not sufficiently politicized. C. there are no usury laws. D. property rights over bank deposits are insecure.

D

In which case below would the owner's equity on a house definitely rise? A. The buyer pays down the mortgage and the house's value goes down. B. The buyer borrows against the value of the house and the house's value goes down. C. The buyer borrows against the value of the house and the house's value goes up. D. The buyer pays down the mortgage and the house's value goes up.

D