The Zero Lower Bound for Interest Rates Is

question 292

Multiple Choice

The zero lower bound for interest rates is:

• A) the fact that interest rates can't go below zero.
• B) a theory that says that interest rates should have no bounds or limits.
• C) a law that prohibits credit unions from paying interest on chequable deposits.
• D) only a theory that never actually occurs in the real world.

---

Definitions:

Persuasiveness

The ability to convince others to change their beliefs, attitudes, or behaviors through argumentation or appeal.

Compatibility

The degree to which two or more elements are able to exist or work together without conflict.

Discontinuous Innovation

A breakthrough product or service that significantly changes the market or how consumers interact with a market.

Categories Of Adopters

Categories of adopters refer to the classification of individuals within a market divided by how soon they adopt a new product or innovation, often outlined as innovators, early adopters, early majority, late majority, and laggards.