If a usury law limits interest rates to no more than 35%, what would the likely impact

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If a usury law limits interest rates to no more than 35%, what would the likely impact be on the amount of loans made and interest rates paid?

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Principles Of Economics

ISBN: 9781506699868

2nd Edition

Authors: OpenStax

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Question Posted: Oct 29, 2023 09:37 AM

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If a usury law limits interest rates to no more than 35%, what would the likely impact

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If market interest rates stay in their normal range an int...View the full answer

Principles Of Economics

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