As a result of the global financial crisis in 2008, _____.
a. U.S. interest rates fell and the cost of servicing U.S. debt decreased
b. U.S. citizens increased their purchase of foreign securities
c. U.S. chronic deficits increased and debt service costs overwhelmed the budget
d. debt issued by U.S. government entities was judged to be the safest in the world
e. there was downgrading of the nation's credit risk by the chief credit-rating agency in 2011
Question 2
The higher the expected inflation, _____.
a. the higher the nominal rate of interest that lenders require and that borrowers are willing to pay
b. the lower the nominal rate of interest that lenders require and that borrowers are willing to pay
c. the higher the nominal rate of interest that lenders require and the lower the nominal rate of interest that borrowers are willing to pay
d. the higher the real interest rate that lenders require
e. the higher the real interest rate that borrowers are willing to pay
Average Global Temperature Rise over the Past Century
U.S. Cancer Death Rates
North America and the Global Economy
Global Climate Model
Temperature gradient generates a global pattern of circulation
France has produced most of its energy from nuclear power since the oil crisis of the 1970s