Long-term interest rates tend to be higher than short-term interest rates:
A) at the bottom of the business cycle.
B) at the end of an expansionary period.
C) at the beginning of a contractionary period.
D) at the peak of the business cycle.
E) during periods of rapid deflation.

Question

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The Answer of Long-term interest rates tend to be higher than short-term interest rates:
A) at the bottom of the business cycle.
B) at the end of an expansionary period.
C) at the beginning of a contractionary period.
D) at the peak of the business cycle.
E) during periods of rapid deflation.

Long-Term Interest Rates Tend to Be Higher Than Short-Term Interest