What are usury laws and what are their economic effects?

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Microeconomics An Intuitive Approach with Calculus

ISBN: 978-0538453257

1st edition

Authors: Thomas Nechyba

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Question Posted: Nov 24, 2017 10:43 AM

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What are usury laws and what are their economic effects?

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Usury laws impose a legal price or interest rate ceiling on the rate of interest that can be charged ...View the full answer

Microeconomics An Intuitive Approach with Calculus

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