MACROECONOMICS LL\AC 22
MACROECONOMICS LL\AC 22
21st Edition
ISBN: 9781264344642
Author: McConnell
Publisher: MCG
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Chapter 21, Problem 5P
To determine

The requirement of US reserve of loonies.

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Explain if any states are not a “friendly” place for tax preparers, payday lenders, title pawn lenders, and “credit approved” used car dealers to operate in and what they have done, regulation-wise.
Explain the regulation or lack of regulation of payday lenders, title pawn lenders, and “credit-approved” used car dealers in Alabama.
Explain why people should avoid the business model of payday lenders, title pawn lenders, and “credit approved” used car dealers.
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