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According to the pure expectations theory that we discussed in class, if market participants develop an expectation that interest rates will be moving lower in
According to the pure expectations theory that we discussed in class, if market participants develop an expectation that interest rates will be moving lower in the near future, you should expect investors to provide a supply of funds in the shortterm market and a supply of funds in the longterm.
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small; small
small; large
large; large
large; small
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