7. Historically, usury laws that put belowequilibrium ceilings on interest rates have been used in the United
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7. Historically, usury laws that put belowequilibrium ceilings on interest rates have been used in the United States to make credit available to poor people who could not otherwise afford to borrow. Critics contend that poor people are those most likely to be hurt by such laws. Which view is correct?
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Related Book For
Microeconomics : Microeconomics: Principles, Problems, And Policies
ISBN: 9781631577277
1st Edition
Authors: McConnell / Stanley L. Brue / Thomas P. Barbiero
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