Evidence points out that since the mid-1950s just about every recession was preceded by:
A)Low interest rates
B)Rising interest rates
C)Falling interest rates
D)Negative real interest rates

Question

Quizplus · Accepted Answer

Evidence suggests that rising interest rates have preceded just about every recession since the mid-1950s. When interest rates rise, it becomes more expensive for individuals and businesses to borrow money, which can result in decreased spending and slower economic growth. This can eventually lead to a recession.

Evidence Points Out That Since the Mid-1950s Just About Every