The expectations hypothesis implies that when interest rates are expected to rise in the future?...
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Accounting
The expectations hypothesis implies that when interest rates are expected to rise in the future?
1)Short-term interest rates will be higher than long-term interest rates.
2)Long-term interest rates will be higher than short-term interest rates.
3)Short-term and long-term interest rates will be the same.
4)None of the above.
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