Since the early 1980s, real interest rates have generally been _______ the levels of the 1960s and 1970s.
A) unchanged from
B) lower than
C) higher than
D) sometimes higher and sometimes lower than

Question

Quizplus · Accepted Answer

Since the early 1980s, real interest rates have generally been higher than the levels of the 1960s and 1970s, reflecting changes in monetary policy, inflation expectations, and global financial market conditions.

Since the Early 1980s, Real Interest Rates Have Generally Been