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Basic Question 2 of 2

Which statement is FALSE regarding credit cycle?

A. Credit cycles drive business cycles.
B. Credit cycles tend to be longer than business cycles.
C. Credit cycles tend to boom ahead of business recessions.

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I used your notes and passed ... highly recommended!
Lauren

Lauren

Learning Outcome Statements

describe credit cycles

CFA® 2024 Level I Curriculum, Volume 1, Module 2.