Social Studies, 25.06.2019 08:00 lopez7512
1. during 2008, the difference in yield (the yield spread) between three-month aa-rated financial commercial paper and three-month aa-rated nonfinancial commercial paper steadily increased from its usual level of close to zero, spiking to over a full percentage point at its peak in october 2008. what explains this sudden increase?
Answers: 1
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