Risk premiums on corporate bonds tend to ( ) during business  cycle  expansions  and  (         )  during  recessions, everything  else  held  constant. increase; increase increase;  decrease  decrease;  increase decrease;  decrease

Advanced Engineering Mathematics
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Chapter2: Second-order Linear Odes
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8. Risk premiums on corporate bonds tend to ( ) during business  cycle  expansions  and  (         )  during  recessions, everything  else  held  constant.

  1. increase; increase
  2. increase;  decrease
  3.  decrease;  increase
  4. decrease;  decrease
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