Generally speaking,during the past two decades corporations were relying more and more on short-term borrowing to carry less liquid assets.

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This is true. Corporations have been increasingly using short-term borrowing to finance their less liquid assets over the past two decades. This trend was partially responsible for the 2008 financial crisis when many corporations were unable to roll over their debt due to a lack of liquidity in the credit markets.

Generally Speaking,during the Past Two Decades Corporations Were Relying More