Let's suppose that the state government of Pythagoras Land establishes an interest rate ceiling of 3% through a usury la
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Let's suppose that the state government of Pythagoras Land establishes an interest rate ceiling of 3% through a usury la
Let's suppose that the state government of Pythagoras Land establishes an interest rate ceiling of 3% through a usury law. (The equilibrium interest rate is 5%). One would expect to see... Oa. A shortage of funds Ob. A surplus of funds Oc. An equilibrium Od. None of the above
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