Prepare a 2-3 page paper using APA format discussing problem 1 in the "Problems to Ponder" at the end of chapter 11.
Which of these four scenarios are most important today?
Your answer may include more than one scenario. Using the four scenarios referred to in this chapter (see page 269 Mark Skousen Economic Logic 4th ed.), choose periods when each scenario has occurred in the U.S. or other countries:
A, higher interest rates, more capital invested B, lower interest rates, less capital invested C, lower interest rates, more capital invested D, higher interest rates, less capital invested.