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    Fundamentals of Corporate Finance Study Set 18
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    Exam 2: The Financial System and the Level of Interest Rates
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    During an Economic Expansion, We Would Expect
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During an Economic Expansion, We Would Expect

Question 11

Question 11

Multiple Choice

During an economic expansion, we would expect:


A) interest rates to increase.
B) interest rates to decrease.
C) interest rates to remain the same.
D) the cost of money to decrease.

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