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Basic Question 5 of 5
The more stable the economic growth, the ______ the real risk-free interest rates.
B. lower
A. higher
B. lower
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Martin Rockenfeldt
Learning Outcome Statements
explain the relationship between the long-term growth rate of the economy, the volatility of the growth rate, and the average level of real short-term interest rates;
CFA® 2025 Level II Curriculum, Volume 6, Module 37.