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If the Interest Rate on Three-Month Treasury Securities Is 5

Question 48

Multiple Choice

If the interest rate on three-month Treasury securities is 5 percent and the interest rate on ten-year Treasury securities is 6 percent, then the odds of a recession are


A) less than 15 percent.
B) about 25 percent.
C) about 40 percent.
D) about 80 percent.

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