In Reaction to the Then Developing 2007-2009 Financial Crisis, Short-Term

Multiple Choice

In reaction to the then developing 2007-2009 financial crisis, short-term interest rates _______ sharply and were ______ than ______ percent by October, 2008.

A) rose, less, 0.5
B) rose, more, 10
C) declined, more, 6.
D) declined, less, 20
E) none of the above