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

question 100

Multiple Choice

In the 1950s the interest rate on three-month Treasury bills fluctuated between 1 percent and 5.5 percent; in the 1980s it fluctuated between ________ percent and ________ percent.

• A) 7; 20
• B) 4; 11.5
• C) 4; 18
• D) 5; 10

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Definitions:

Wholesale

The sale of goods in large quantities at lower prices, typically to retailers who then sell them to the final consumer.

Retail

The sale of goods to the public in relatively small quantities for use or consumption rather than for resale.

Reorder Point

The inventory level at which an order should be placed to replenish stock before it runs out, based on lead time and demand.

Average Usage

The mean amount of a resource or service consumed over a specific period, used for planning and analysis purposes.