Which of the following is true regarding short-term and long-term interest rates a

Chapter 0, Problem 4

(choose chapter or problem)

Which of the following is true regarding short-term and long-term interest rates? a. Short-term interest rates are always above long-term interest rates. b. Short-term interest rates are always below long-term interest rates. c. Short-term interest rates are always equal to long-term interest rates. d. Short-term interest rates are more important for determining the demand for money. e. Long-term interest rates are more important for determining the demand for money.

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