The expectations theory and the segmented markets theory do not explain the facts very well, but they provide the groundwork for the most widely accepted theory of the term structure of interest rates

Those who favor changes in the market for health care that would make it more like the markets for other goods and services are generally in favor of universal health care coverage

Indicate whether the statement is true or false

During Japan's economic slump in the early 1990s, monetary policy:

a. was highly effective at stimulating income. b. was caught in a liquidity trap as a result of high inflation and interest rates. c. was ineffective because of a liquidity trap caused by near zero interest rates. d. was never even attempted. e. was the cause of the slump.