Question
When people begin to expect a large stock market decline, the demand curve for bonds shifts to the ________ and the interest rate ________. A)
When people begin to expect a large stock market decline, the demand curve for bonds shifts to the ________ and the interest rate ________.
A) right; falls
B) right; rises
C) left; falls
D) left; rise
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Financial Management EMEA Theory And Practice
Authors: Michael Ehrhardt, Roland Fox, Eugene Brigham
2nd Edition
1473760216, 9781473760219
