Last Year Interest Rates Fell

question 89

Multiple Choice

Last year interest rates fell. The field of economics that would be most concerned with this is:

• A) microeconomics.
• B) macroeconomics.
• C) economic naturalism.
• D) marginal economics.

---

Definitions:

Liberty

A fundamental concept that denotes the state of being free within society from oppressive restrictions imposed by authority on one's way of life, behavior, or political views.

Prosperity

A state of flourishing, success, or wealth in a social or economic context.

Cyrus Field

An American entrepreneur and inventor best known for laying the first successful transatlantic telegraph cable in 1858, revolutionizing international communication.

Transatlantic Telegraph Cable

An undersea cable laid across the Atlantic Ocean used for telegraph communications, first successfully completed in 1866, markedly reducing communication time between Europe and North America.