16
QuizMultiple Choice

Unit Test — Unit test

Question 16 • $2526: Full: 2102320: Economics HONORS: NEW CREDIT

Government regulations on credit aim to

Answer
A
ensure lenders are repaid.
B
help borrowers pay on time.
C
support those borrowing credit.
D
educate lenders about consumers.

Explanation

Government regulations on credit are intended to protect consumers who borrow money by promoting fair lending and responsible credit practices. So the best answer is “support those borrowing credit.” They do not guarantee that lenders will be repaid, as choice A suggests.

AI-written and checked against the verified answer.

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