rangercollege6623 rangercollege6623
  • 15-02-2024
  • Business
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Expectations theory: When the long term rate is higher than the short term rate, the average of future short term rates is expected to be what?

a) Higher than the long-term rate
b) Lower than the long-term rate
c) Equal to the long-term rate
d) Unpredictable

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