In the late 1970s, U.S. nominal interest rates were high and real interest rates were low, but in the late 1990s, U.S. nominal interest rates were low and real interest rates were high.
举一反三
- According to the neoclassical theory of distribution， in an economy described by a Cobb-douglas production function， workers should experience high rates of real wage growth when：（ ） A: real interest rates are low. B: real interest rates are high. C: average labor productivity is growing rapidly. D: capital's share of income is growing rapidly.
- Interest rates that include an inflation premium are referred to as A: annual percentage rates B: effective annual rates C: real rates D: nominal rates
- 名义利率与实际利率( nominal and real interest rates)
- 13,The price of treasuries rises as interest rates fall, and the opposite is true when interest rates rise. Therefore, the best time to buy treasuries is when interest rates are relatively ______. (high/low)
- Interest rates on banker’s acceptances are low because the risk of default is very low.