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In Comparison to the Situation in the Late 1970s, the United

question 67

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In comparison to the situation in the late 1970s, the United States experienced lower nominal interest rates and higher real interest rates in the late 1990s.


Definitions:

Corporate Media

Media outlets that are owned, controlled, or influenced by large corporations, often criticized for promoting corporate interests.

Consumerism

The preoccupation of society with the acquisition of consumer goods.

Biological Signals

Indications or signs produced by the body to communicate information about physiological states or conditions.

Classism

Discrimination or prejudice against people based on their social class or economic status.

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