Asked by Angelstar Kasper on Jun 15, 2024

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________________ is defined as "an unconscionable or exorbitant rate of interest."

Usurious Interest

Exorbitantly high interest rates, often exceeding legal or ethically acceptable limits.

Unconscionable

Refers to actions or terms that are excessively unjust or unreasonable, often to a degree that they violate fairness or ethics.

  • Explain the effects of interest rates on the economy, including the role of usury laws.
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TS
Telmo SantosJun 19, 2024
Final Answer :
Usury