Historical Analysis of Real Interest Rates in the United States

question 42

Multiple Choice

Historical analysis of real interest rates in the United States shows that

• A)real interest rates were unusually low in both the 1970s and 1980s.
• B)real interest rates were unusually high in both the 1970s and 1980s.
• C)real interest rates were unusually low in the 1970s and unusually high in the 1980s.
• D)real interest rates were unusually low in the 1980s, spurring the economic growth that occurred during the Reagan administration.

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Definitions:

Revolutionary War

Also known as the American Revolution, this was the conflict between the thirteen American colonies and British rule from 1775-1783, leading to the independence of the United States.

France's Involvement

The participation or engagement of France in a particular event or context, historically significant in various global affairs.

Continental Army

The revolutionary war military force of the American colonies from 1775 to 1783, established to fight against British rule during the American Revolutionary War.

African-Americans

A racial group in the United States with origins in the black racial groups of Africa, including those who trace their ancestry to slaves brought to the US and individuals who immigrated from African nations.