Artificially low interest rates have caused a slump in the lira(里拉：意大利货币) (down 55% in the past four years), pushed inflation up to double digits and led firms to overload themselves with debt. （Economist）
举一反三
- The primary reason that individuals and firms choose to borrow long-term is to reduce the risk that interest rates will _________ before they pay off their debt.
- Looking at inflation rates in the United States since the 1970s we see that A: inflation fell the most during the 1970s productivity slowdown. B: the highest inflation rates were the double digits during the 1990s. C: the inflation rate increased with the increased growth of the 1990s. D: the 1970s experienced the highest inflation rates.
- The impact of national interest rate on the exchange rate is ( ). A: up to compare factors such as foreign interest rate and domestic inflation rate. B: rising interest rates, rising currencies C: falling interest rates, falling currencies D: falling interest rates and rising currencies
- 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.
- Global<br/>factors that helped pushed down long-term interest rates are not permanent features of the economy. A: temporary B: overlapping C: interval D: lasting