Solved

In the United States for the Last 40 Years, the Nominal

Question 81

Multiple Choice

In the United States for the last 40 years, the nominal interest rate


A) and real interest rates were both constant in almost every year.
B) exceeded the real interest rate in virtually all the years.
C) and real interest rates both decreased in almost every year.
D) exceeded the real interest rate in about one half of the years and the real interest rate was greater than the nominal interest rate in the other half of the years.
E) was constant in most years and the real interest rate fluctuated.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents