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The Economics of Money, Banking and Financial Markets 4th Edition by Frederic Mishkin
Edition 4ISBN: 978-0133859997The Economics of Money, Banking and Financial Markets 4th Edition by Frederic Mishkin
Edition 4ISBN: 978-0133859997 Exercise 2
If you are a banker and expect interest rates to rise in the future, would you prefer to make short-term loans or long-term loans?
Explanation
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Interest rate is the proportion of loan ...
The Economics of Money, Banking and Financial Markets 4th Edition by Frederic Mishkin
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