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Llanis Llanis
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6 years ago
Usury laws place a ceiling on interest rates that lenders such as banks can charge borrowers. The interest rate is the price of a loan. Graph a binding usury law on the market for loans, and describe the effects of the law on the quantity of loans supplied and the quantity of loans demanded.
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Microeconomics

Microeconomics


Edition: 6th
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LBCeaLBCea
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6 years ago
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