Why do most economists dislike these laws

Assignment Help Microeconomics
Reference no: EM13745655

Complete a one page response to the following question:

Many states have usury laws, which place a ceiling on interest rates. Why do most economists dislike these laws?

use apa format with references

Reference no: EM13745655

Questions Cloud

Learn more about the chemist and increase drugs awareness : Describe an activity which would help your employee learn more about the Chemist and increase their drugs awareness
Analyzing events in the long run : According to the theory of purchasing power parity (PPP), what will happen to the value of the dollar (against foreign currencies) if the U.S. price level doubles and price levels in other countries remain constant? Why is the theory more suitable..
Did society develop or progress as a ideas : Did society develop or progress (either in a good or a bad way) as a result of pursuing any of these ideas? Can you see any similarities to other philosophies, such as those of Confucius or Buddha?
Describe effect of genetic variation on the pharmacokinetics : Bicalutamide is an oral non-steroidal anti-androgen used in the treatment of prostate cancer. Describe the effect of the genetic variation on the pharmacokinetics of bicalutamide
Why do most economists dislike these laws : Many states have usury laws, which place a ceiling on interest rates. Why do most economists dislike these laws?
Determining the current or future position : Discuss how you plan on using what you learned in this course in your current or future position. What will prove to be the most valuable?
Pricing strategy for a perfectly competitive firm : Industries are economies of scale exhausted at relatively low levels of output - The most important pricing strategy for a perfectly competitive firm
Bcr-abl1 monitoring test : Reaction set up- BCR/ABLtranscripts: You will assemble a ‘master mix' with sufficient volume to perform 2 x 20μL (repeat) reactions for each transcript level quantification. Remember to change pipette tips after pipetting each solution (to avoid c..
Foreign exchange market : Suppose 144 yen could be purchased in the foreign exchange market for one U.S. dollar today. If the yen depreciates by 8.0% tomorrow, how many yen could one U.S. dollar buy tomorrow?

Reviews

Write a Review

Microeconomics Questions & Answers

  Find the revenue function-total cost and profit function

Suppose you run a manufacturing business that is involved in manufacturing and selling a single product. The fixed cost to run the business is $15,000 and the constant marginal cost is $7.50 per unit. The sale price of your product is $15 per unit.

  What is the economic interpretation

Consider A monopolist that faces the constant elasticity demand curve y(p) = p^a where a 0.Also assume that the monopolist pays a quantity tax of t > 0.

  An increase in the nominal money supply will shift

An increase in the nominal money supply will shift

  The city of rochester is thinking of expanding its airport

The City of Rochester is thinking of expanding its airport. The expansion will increase travelers' consumer surplus by $100 and airlines' producer surplus by $200, while costing taxpayers only $50. However, the expanded airport will be much noisier.

  How will international trade influence people production

What is the law of comparative advantage? According to the law of comparative advantage, what should be the distinguishing characteristics of the goods a nation produces?

  Strategy to monopolistic competitive model

Professor Michael Porters generic strategy options for competing are the differentiation approach and cost leadership approach. The first involves competing by having the better product and second by having lower cost that ones competitors. Relate..

  Explain the differences between using cost-based and

discuss the differences between using cost-based and value-based benefits strategies. support each type with business

  Holding period returns

Assume that a 10 percent-coupon bond ($1000 face-value) is purchased at a price of $960, held one year, and sold for $1020. What is the one-year holding period return for this coupon bond?

  Which is the most desirable alternative

Two hazardous environment facilities are being evaluated, with the projected life of each facility being 10 years. The cash flows for each facility are shown in the table below.The company uses a MARR of 14%. Based on the rate of return, which is t..

  Debbie listens only to frank zappa or weird al yankovic she

debbie listens only to frank zappa or weird al yankovic. she currently buys 10 zappa and 20 yankovic downloads per

  By referring to at least two empirical studies assess the

by referring to at least two empirical studies assess the strengths and weaknesses of the technological approach

  Define structure for parking in downtown area

A city that operates automobile parking facilities is evaluating a proposal to erect and operate a structure for parking in its downtown area. Three designs for a facility to be built on available sites have been identified as follows, where all d..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd