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The long-term nominal interest rates have been trending downward decades. Which of the following factor(s) contribute(s) to this trend? I. expected inflation II. expected future

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The long-term nominal interest rates have been trending downward decades. Which of the following factor(s) contribute(s) to this trend? I. expected inflation II. expected future path of real short term interest rates. III. term premium. A. Only 1. B. Only II and III. C. All of I, II and III. O D.Only I and III. O E. Only I and

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