From the given options, the most plausible one is that many interest rates were below 1 percent by 2015. This is because the period after the 2008 financial crisis was characterized by a low interest rate environment due to the efforts of central banks to stimulate economic growth.

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By 2015

Question 72

Multiple Choice

By 2015

A) most interest rates were about 5 percent.
B) many interest rates were below 1 percent.
C) almost every interest rate was above 10 percent.
D) federal law required that the interest rate ceiling on all loans be capped at 11.5 percent.
E) the real interest rate was positive,but the nominal interest rate was less than the real rate.

Correct Answer: