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ogf78 ogf78
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When examining the effects of interest rates on borrowing decisions, we distinguish between the short-term and the long-term. How long is the long-term in this context?

▸ 1 year or more

▸ Anything longer than an overnight (24-hour) loan

▸ 10 years or more

▸ 100 years or more
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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hamusa4hamusa4
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