Between 1929 and 1933, Nominal Interest Rates ___, and Real

question 3

Multiple Choice

Between 1929 and 1933, nominal interest rates ___, and real interest rates ___.

• A) rose, rose.
• B) rose, fell.
• C) fell, rose.
• D) fell, fell.

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Definitions:

Independent Variable

A manipulated factor in an experiment, chosen to determine its potential effect on a dependent outcome.

Dependent Variable

The outcome factor in a study that changes in response to manipulations of the independent variable.

Nonexperimental Method

A research strategy that involves observing and collecting data without manipulating the environmental conditions or variables.

Cause And Effect

A relationship in which one event (the cause) leads to the occurrence of another event (the effect).