Illustrate what are the likely consequences for future

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Q. If yield curves, on average, were flat, what would this say about the liquidity (term) premiums in the term structure? Would you be more or less willing to accept the expectations theory?

Q. Currently AIDS is spreading in China and India. If the governments of these nations fail to stop the spread of AIDS, illustrate what are the likely consequences for future economic growth in China and India

 

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