Usury laws impose an upper limit on the interest rate that lenders can charge. A maximum interest rate set below market equilibrium results in a [ Select ] ["equilirbrium", "shortage", "surplus"] of funds in financial market. A price ceiling that is set at a [ Select ] ["at negative rate", "0%", "relatively high", "relatively low"] level is nonbinding, and it will have no practical effect unless the equilibrium interest rate soars high enough to exceed the price ceiling