Social Studies
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?

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1. during 2008, the difference in yield (the yield spread) between three-month aa-rated financial co...

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