Which of the statements below is FALSE regarding interest rates in the United States between 1950-1999?
A) Inflation has varied from a low of 5% to a high of slightly over 13%.
B) The average rate for the 3-month U.S. Treasury bill was 5.23%.
C) The average rate of inflation was 4.05%.
D) The average real interest rate was 1.18%.
Answer: A
Explanation: A) Inflation has varied from a low of negative 1% to a high of slightly over 13%.
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Concerning tax liens on real property in California, which of the following statements is most incorrect:
A: A lien for real property taxes has priority over liens for assessments undertaken for public purposes regardless of time of the creation of the respective lien; B: The beneficiary under a standard trust deed is usually given explicit power to foreclose the lien if the trustor fails to pay property taxes when they become a lien against the property; C: Liens against the property arising out of contractual arrangements are inferior to real property tax liens; D: Any property sold by the state at public auction to collect delinquent property taxes has the effect of transferring to the new purchaser the title free and clear of any trust deed lien.
How can a salesperson add value to the transaction for a retail outlet buying the organizers to resell to customers?
A) by giving the outlet the same price rival calendars charge B) by helping the outlet place the order for the organizers C) by providing a free display stand and benefits list to outlets to help them sell D) by delivering the organizers to the outlets E) by penalizing outlets that do not sell many organizers with a smaller discount off retail price