In 2007 the real interest rate in the United States was 2 per cent.By 2013,the equilibrium real interest in the United States was ________ because the ________.
A) 3.5 per cent;United States experienced a deep recession as a result of the financial crisis in 2008-09
B) 0.5 per cent;United States experienced a deep recession as a result of the financial crisis in 2008-09
C) 0.5 per cent;United States began to recover from the deep recession and financial crisis of 2008-09
D) 3.5 per cent;United States began to recover from the deep recession and financial crisis of 2008-09
E) not yet calculated;effects of the financial crisis of 2008-09 have not yet been tallied
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