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    Exam 18: Pricing the Factors of Production
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    Explain How Usury Laws Can Distort the Market for Funds
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Explain How Usury Laws Can Distort the Market for Funds

Question 120

Question 120

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Explain how usury laws can distort the market for funds.What is the most likely result if a usury law is passed and enforced?

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A usury law sets a maximum interest rate...

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