The United States Experienced a Zero Bound Interest Rate

question 83

Multiple Choice

The United States experienced a zero bound interest rate

• A) in the 1970s.
• B) in the 1980s.
• C) in the 1990s.
• D) starting at the end of 2008.

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Definitions:

Taxed

Subjected to a charge or levy by the government on income, transactions, or property to fund public expenditures.

Sole Proprietorships

Sole proprietorships are businesses owned and operated by a single individual, where there is no legal distinction between the owner and the business entity.

Sole Proprietor

The single person at the head of a sole proprietorship.

Terminated

Brought to an end; refers to processes, contracts, employment, or periods that have been concluded or stopped.