In the United States,nominal interest rates were high in the
A) 1970s and real interest rates were high in the 1990s.
B) 1970s and real interest rates were low in the 1990s.
C) 1990s and real interest rates were high in the 1970s.
D) 1990s and real interest rates were low in the 1970s.
Correct Answer:
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