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Sublight2097 Sublight2097
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Posts: 4132
8 years ago
A legal ceiling set below the market-clearing interest rate would tend to
A) create a surplus of loans.
B) create a shortage of loans.
C) increase the demand for loans.
D) decrease the supply of loans.
E) do none of the above.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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SmooothSmoooth
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Posts: 5500
8 years ago
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Sublight2097 Author
wrote...
8 years ago
My mind was going in all different directions trying to figure this one out. Thanks so much.
wrote...
8 years ago
You're welcome Happy Dummy
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