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As the economy moves through a business cycle, which of the following term structure of interest rates theories describe the shape of the yield curve?
As the economy moves through a business cycle, which of the following term structure of interest rates theories describe the shape of the yield curve?
Multiple Choice
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Expectations theory, agency theory and segmentation theory.
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Market segmentation theory, agency theory and liquidity premium theory.
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Liquidity preference theory, segmentation theory and agency theory.
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Liquidity premium theory, segmentation theory and expectation hypothesis.
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