Question: What strategy regarding long - versus short - term financing is not being followed if managers resort to short - term investing during downturns in

What strategy regarding long- versus short-term financing is not being followed if managers resort to short-term investing during downturns in the business cycle?
1)
a relaxed strategy
2)
a middle-of-the-road strategy
3)
a restrictive strategy
4)
both b and c above

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