Evidence points out that since the mid-1950's just about every recession was preceded by:
A) low interest rates.
B) rising interest rates.
C) falling interest rates.
D) negative real interest rates.

Question

Quizplus · Accepted Answer

Evidence suggests that rising interest rates have preceded just about every recession since the mid-1950s. When interest rates rise, borrowing becomes more expensive, which can lead to a decline in consumer spending, investment, and economic growth. As a result, the economy may enter a recession.

Evidence Points Out That Since the Mid-1950's Just About Every