Unformatted text preview: 2. According to the data, the period in which borrowing money was the least expensive was: A. The 1960’s B. The 1970’s ** C. The 1980’s D. The 1990’s 3. Which of the following changes will raise the equilibrium rate of interest? A. An increase in household saving due to the aging of baby boomers. B. A increase in U.S. exports. C. A decrease in the U.S. government budget deficit. D. A decrease in saving by firms. ** Real Rate of Interest-8.00-4.00 0.00 4.00 8.00 12.00 16.00 Jan-59 Jan-63 Jan-67 Jan-71 Jan-75 Jan-79 Jan-83 Jan-87 Jan-91 Jan-95 Jan-99 Jan-03 Date Percent...
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This note was uploaded on 07/28/2008 for the course ECON 101 taught by Professor Balaban during the Spring '07 term at UNC.
- Spring '07