Historically, usury laws that put below-equilibrium ceilings on interest rates have been
Chapter 18, Problem 9(choose chapter or problem)
Historically, usury laws that put below-equilibrium ceilings on interest rates have been used by some states to make creditavailable to poor people who could not otherwise afford to borrow.Critics contend that poor people are those most likely tobe hurt by such laws. Which view is correct? LO18.5
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