Multiple Choice
Which of the following best describes nominal interest rates in the 1970s and 1990s?
A) high in the 70s and 90s
B) low in the 70s and 90s
C) high in the 70s and low in the 90s
D) low in the 70s and high in the 90s
Correct Answer:
Verified
Correct Answer:
Verified
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