In the 1950s the Interest Rate on Three-Month Treasury Bills

question 87

Multiple Choice

In the 1950s the interest rate on three-month Treasury bills fluctuated between 1 percent and 3.5 percent;in the 1980s it fluctuated between ________ percent and ________ percent.

• A)5;15
• B)4;11.5
• C)4;18
• D)5;10

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Definitions:

Partnership Agreement

A written agreement between business partners outlining the rules and responsibilities within the partnership.

Sole Proprietorship

A business structure where a single individual owns, manages, and is responsible for all aspects of the business.

State

A political entity characterized by a defined territory, population, and government with sovereignty over its domestic and international affairs.

Sole Proprietorships

A form of business entity owned and run by one individual where there is no distinction between the owner and the business.