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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