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Applied Readings/Assigments (10%) Content Using both the liquidity preference framework and the supply and demand for bonds framework, show why interest rates are procyclical (rising

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Applied Readings/Assigments (10%) Content Using both the liquidity preference framework and the supply and demand for bonds framework, show why interest rates are procyclical (rising when the economy is expanding and falling during recessions). Draw the graphs (there will be two graphs) and explain each. Upload your answer as either a PDF or Word document. Submission Drag and drop files here or click to add text

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