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After a recession when the economy starts to expand again, firms tend to ________. Select one: a. increase dividends and hold share repurchases constant until
After a recession when the economy starts to expand again, firms tend to ________.
Select one:
a. increase dividends and hold share repurchases constant until they are confident that the recovery will last for a few years
b. increase dividends faster than they increase share repurchases
c. increase share repurchases and dividends at a similar rate
d. increase share repurchases faster than they increase dividends
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