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If the level of inflation is expected to , there will be pressure on the required rate of return on bonds. pressure on interest rates

If the level of inflation is expected to

,

there will be

pressure on the required rate of return on bonds.

pressure on interest rates and

decrease; upward; downward

increase; upward; downward

decrease; upward; upward

increase; downward; upward

increase; upward; upward

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