Evidence Points Out That Since the Mid-1950's Just About Every

Multiple Choice

Evidence points out that since the mid-1950's just about every recession was preceded by rising interest rates. This suggests that the recessions were:

A) caused in part by the actions of the Federal Reserve.
B) the result of changes in consumer confidence.
C) due to increases in oil prices and other production costs.
D) caused by simultaneous shifts in aggregate demand and aggregate supply.