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Since inflation subsided and interest levels dropped, the higher price ceilings facilitated lengthened supply of borrowing from the bank to help you riskier consumers

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Since inflation subsided and interest levels dropped, the higher price ceilings facilitated lengthened supply of borrowing from the bank to help you riskier consumers Sources: (First column) Smith (1967); (2nd line) American Financial Attributes Association, Survey off Affiliate Businesses, authors’ data; (third line) Federal Put aside Board, Survey out of Finance companies, authors’ data. Table […]