Historical analysis of real interest rates in the United States shows that
A. real interest rates were unusually low in the 1970s and unusually high in the 1980s.
B. real interest rates were unusually low in both the 1970s and 1980s.
C. real interest rates were unusually low in the 1980s, spurring the economic growth that occurred during the Reagan administration.
D. real interest rates were unusually high in both the 1970s and 1980s.
Answer: A
You might also like to view...
If two persons trade, one must gain at the expense of the other.
Answer the following statement true (T) or false (F)
Which of the following is provided by Supplemental Security Income (SSI)?
a. Cash support for the disabled and elderly poor b. Debit cards for the poor to purchase food c. Rent assistance for the poor and near-poor d. Food assistance for pregnant women and newborns
The size distribution of income in Figure 33.1 reveals that
A. The Gini coefficient for Alpha is larger than for Omega. B. Incomes are more equally distributed in Omega than in Alpha. C. People are wealthier in Alpha than in Omega. D. Incomes are more equally distributed in Alpha than in Omega.
The share of the burden of an emissions tax on output borne by the consumer of the polluting output will rise as
A. the tax rises. B. demand elasticity falls. C. demand elasticity rises. D. the tax falls.