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Econ Ch4 - Labor & Financial Markets

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laws that impose an upper limit on the interest rate that lenders can charge.

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Terms in this set (3)

laws that impose an upper limit on the interest rate that lenders can charge.

a price floor that makes it illegal for an employer to pay employees less than a certain hourly rate.

the "price" of borrowing in the financial market; a rate of return on an investment.