Which of the Following Statements Is Most Correct

question 146

Multiple Choice

Which of the following statements is most correct?

• A)In reaction to the then developing 2007-2009 financial crisis, short-term interest rates declined sharply and were less than 100 percent by October, 2008.
• B)In reaction to the then developing 2007-2009 financial crisis, short-term interest rates declined sharply and were less than 10 percent by October, 2008.
• C)In reaction to the then developing 2007-2009 financial crisis, short-term interest rates declined sharply and were less than 5 percent by October, 2008.
• D)In reaction to the then developing 2007-2009 financial crisis, short-term interest rates declined sharply and were less than .5 percent by October, 2008.
• E)none of the above