And third, I consider that the medium- to long-term trend in inflation rates is largely determined by supply-side factors, such as the growth rate of productivity and the potential growth rate of the economy, or in other words, by the growth potential of the economy. I.
For example, data from the Board's 2007 Survey of Consumer Finances indicated that about 11 percent of households own and actively manage a small business, and of these households, about 18 percent use personal assets to guarantee or collateralize loans for the business.