[CFA level 1模拟真题]Version 4 Questions－Q55 credit, border, likely, economic, face

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Q55. Would credit spreads most likely widen during an economic

	Contraction?	Expansion?
A	No	No
B	No	Yes
C	Yes	No
D	Yes	Yes

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答案和详解如下：

Q55.  C    Study Session I5-68-f

Credit spreads tend to widen during an economic contraction but tend to narrow during an economic expansion.