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Sublight2097 Sublight2097
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Posts: 4132
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8 years ago
Consider the market for consumer loans. A legal ceiling set below the market-clearing interest rate would tend to
A) increase the quantity demanded for loans.
B) decrease the quantity supplied of loans.
C) create a shortage of loans.
D) do all of the above.
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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Sublight2097 Author
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#2
8 years ago
I've noticed they use a lot of trickery with their questions. Thank you for your input.
wrote...
#3
8 years ago
My pleasure Happy Dummy
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