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Select one and explain your choice. If the short-term rate is greater than the longer-term rate, that means that (a) investors are indifferent to risk;
Select one and explain your choice. If the short-term rate is greater than the longer-term rate, that means that (a) investors are indifferent to risk; (b) investors think interest rates are going to rise; (c) investors think interest rates are going to fall; (d) none of the above.
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