Interest rates played a part in the 1984 U.S. Presidential debates. Some politicians claimed that interest rates rose over the 1981-83 period, while others claimed rates fell. Below is a table showing interest rates and annual inflation rates from 1981 to 1983.
$$\begin{array} { | c | c | c | }
\hline \text { Year } & \text { Interest Rate (annual \%) } & \text { Annual Inflation Rate } \
\hline 1981 & 14.03 \% & 10.3 \% \
\hline 1982 & 10.69 \% & 6.2 \% \
\hline 1983 & 8.63 \% & 3.2 \% \
\hline
\end{array}$$ Reconcile these conflicting claims.

Question

Interest rates played a part in the 1984 U.S. Presidential debates. Some politicians claimed that interest rates rose over the 1981-83 period, while others claimed rates fell. Below is a table showing interest rates and annual inflation rates from 1981 to 1983.
$$\begin{array} { | c | c | c | } 
\hline \text { Year } & \text { Interest Rate (annual \%) } & \text { Annual Inflation Rate } \
\hline 1981 & 14.03 \% & 10.3 \% \
\hline 1982 & 10.69 \% & 6.2 \% \
\hline 1983 & 8.63 \% & 3.2 \% \
\hline
\end{array}$$ Reconcile these conflicting claims.

Quizplus · Accepted Answer

The Answer of Interest rates played a part in the 1984 U.S. Presidential debates. Some politicians claimed that interest rates rose over the 1981-83 period, while others claimed rates fell. Below is a table showing interest rates and annual inflation rates from 1981 to 1983.
$$\begin{array} { | c | c | c | } 
\hline \text { Year } & \text { Interest Rate (annual \%) } & \text { Annual Inflation Rate } \
\hline 1981 & 14.03 \% & 10.3 \% \
\hline 1982 & 10.69 \% & 6.2 \% \
\hline 1983 & 8.63 \% & 3.2 \% \
\hline
\end{array}$$ Reconcile these conflicting claims.

Interest Rates Played a Part in the 1984 U Reconcile These Conflicting Claims