Question: Short-term interest rates are a. Usually lower than long-term rates. b. Usually higher than long-term rates. c. Lower than long-term rates during periods of high
Short-term interest rates are
a. Usually lower than long-term rates.
b. Usually higher than long-term rates.
c. Lower than long-term rates during periods of high inflation only.
d. Not significantly related to long-term rates.
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