Problem
1. Are prices high because rents are high, or are rents high because prices are high? Use an example to illustrate your answer.
2. What are usury laws? Why do economists hate them?
3. Explain why a dollar today is worth more than a dollar you will have in the future.
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.