In 2007 the Real Interest Rate in the United States

question 142

Multiple Choice

In 2007 the real interest rate in the United States was 2 per cent.By 2013,the equilibrium real interest in the United States was ________ because the ________.

• A)3.5 per cent;United States experienced a deep recession as a result of the financial crisis in 2008-09
• B)0.5 per cent;United States experienced a deep recession as a result of the financial crisis in 2008-09
• C)0.5 per cent;United States began to recover from the deep recession and financial crisis of 2008-09
• D)3.5 per cent;United States began to recover from the deep recession and financial crisis of 2008-09
• E)not yet calculated;effects of the financial crisis of 2008-09 have not yet been tallied

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