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Sublight2097 Sublight2097
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Posts: 4132
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8 years ago
Suppose the market-clearing interest rate on loans is 12%, but law-makers impose an 8% interest rate ceiling. The new law will tend to
A) increase the supply of loans.
B) decrease the supply of loans.
C) increase the demand for loans.
D) decrease the demand for 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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#1
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8 years ago
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More solutions for this book are available here
Rendon6818,  Nadiya21

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Sublight2097 Author
wrote...
#2
8 years ago
Another one in the books, marking it solved.
wrote...
#3
8 years ago
My pleasure Happy Dummy
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