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), choose periods when each scenario has occured in the U.S. or other countires.

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 captial invested

Your paper should reflect scholarly writing and current APA standards. Please include citations to support your ideas