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QUESTION 2 During March 2020, the U.S. entered a recession due to the impact of the COVID pandemic. Based on the logic of the supply

QUESTION 2

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 return on the 10-year U.S. Treasury note?

Positive return

Zero return

Negative return

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