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According to the expectations theory of interest rates, an expectation of an increase in interest rates in the future will cause a __________ demand for

According to the expectations theory of interest rates, an expectation of an increase in interest rates in the future will cause a __________ demand for short-term securities, and a ___________ demand for long-term securities.

Select one:

a.

stronger; stronger

b.

stronger; weaker

c.

normal; stronger

d.

weaker; stronger

e.

weaker; weaker

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