This question has been answered
Question

Screen Shot 2020-09-13 at 4.03.28 PM.pngInterest rates were a major issue in the 1984 U.S. presidential debates.[1]  Some politicians claimed that interest rates rose over the 1981-1983 period while others claimed rates fell. The table below shows data on interest rates and inflation for short term (1 year) bank loans in the relevant years leading up to the election.

yearinterest rate (i)inflation (π)198114.03%10.3%198210.69%6.2%19838.63%3.2%


Briefly explain how both sides were right.

[1] That is probably exaggerating a bit, but the candidates talked about them.

Image transcriptions

Interest rates were a major issue in the 1984 U.S. presidential debates.[1] Some politicians claimed that interest rates rose over the 1981-1983 period while others claimed rates fell. The table below shows data on interest rates and inflation for short term (1 year) bank loans in the relevant years leading up to the election. year interest rate (i) inflation () 1981 14.03% 10.3% 1982 10.69% 6.2% 1983 8.63% 3.2% Briefly explain how both sides were right. [1] That is probably exaggerating a bit, but the candidates talked about them. TTTT Paragraph Arial V 3 (12pt) MINK T X D D Q E T* T. ABC Ofx . Mashups 66 C 0 0 HTML CSS Path: p Words:0

Answered by Expert Tutors
Step-by-step explanation
1 Attachment
file .jpeg
jpeg
Interest rates were a major issue in the 1984 U. presidential debates.[1] Some politicians claimed that interest rates rose over the 1981-1983 period...
Get unstuck

204,222 students got unstuck by Course
Hero in the last week

step by step solutions

Our Expert Tutors provide step by step solutions to help you excel in your courses