Chapter 11. Interest Rates and the U.S. Housing Boom

EIA Activity: Interest Rates and the U.S. Housing Boom

[Online Document Assignment:]

EIA Activity: Interest Rates and the U.S. Housing Boom

Click on the links on the right to answer the following questions.

  1. Question

    Use Link 1 to answer the following questions. True or False: On January 5, 2015, the federal funds interest rate was 0.25%.

    		A.
    		B.

  2. Question

    True or False: On January 5, 2015, the bank prime loan interest rate was less than 4%.

    		A.
    		B.

  3. Question

    True or False: The discount window primary credit interest rate was 0.75%on January 5, 2015.

    		A.
    		B.

  4. Question

    Use Link 2 to answer the following questions. True or False: HUD stands for the U.S. Department of Housing and Urban Development.

    		A.
    		B.

  5. Question

    True or False: The U.S. Department of the Treasury and HUD produce a monthly scorecard each month on the U.S. housing market.

    		A.
    		B.

  6. Question

    Is there any danger in the Fed cutting interest rates to near zero? Discuss.
    Your response will be graded by your instructor.
    Is there any danger in the Fed cutting interest rates to near zero? Discuss.

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