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During March 2020, the U.S. entered a recession due to the impact of the Covid pandemic. Based on the logic of the supply and demand

During March 2020, the U.S. entered a recession due to the impact of the Covid pandemic. Based on the logic of the supply and demand for loanable funds, what happened to the price of the 2-year U.S. Treasury note?

a) Decreased

b) Increased

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