Asked by
Tshering Choden
on Nov 11, 2024
Verified
Interest rate ceilings resulted in great profitability for banks in the 1970s.
Interest Rate Ceilings
A regulatory measure that sets the maximum interest rate that can be charged on loans and other financial products.
- Acquire knowledge about the role of financial instruments and regulatory modifications in influencing banking operations and economic prosperity.
Verified Answer
YA
Learning Objectives
- Acquire knowledge about the role of financial instruments and regulatory modifications in influencing banking operations and economic prosperity.
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