Question: In the late 1 9 7 0 s , nominal interest rates were high and inflation rates were very high. As a result, what were

In the late 1970s, nominal interest rates were high and inflation rates were very high. As a result, what were real interest rates?Question 28 Select one:a.low, but never negativeb.very highc.moderately highd.low, and in some years they were negative

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