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Please answer the following question: a) Almost all interest rates (both intermediate-term and long-term interest rates) exhibit same pattern over time. Why? b ) How
Please answer the following question:
a) Almost all interest rates (both intermediate-term and long-term interest rates) exhibit same pattern over time. Why?
b) How does expected economic activity affect current interest rates?
c) How does expected future inflation rate affect current interest rates?
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