Problem
The new limits on credit cards were imposed at a time that interest rates throughout the economy were at record-low levels. What will happen to the magnitude of the adverse effects of these limits as interest rates rise generally? Be explicit. Consider all of the adverse effects mentioned in this chapter. Who will be blamed for these consequences?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.