Since the early 1980s, the gap between short-term and long-term real interest rates has 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, the gap between short-term and long-term real interest rates has generally been higher than the levels of the 1960s and 1970s due to changes in monetary policy and economic conditions.

Since the Early 1980s, the Gap Between Short-Term and Long-Term