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Homework answers / question archive / Interest rates typically follow a _____ (procyclincal; countercyclincal) pattern relative to economic activity and the default premium typically follows a _____ (procyclincal; countercyclincal) pattern relative to economic activity

Interest rates typically follow a _____ (procyclincal; countercyclincal) pattern relative to economic activity and the default premium typically follows a _____ (procyclincal; countercyclincal) pattern relative to economic activity

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Interest rates typically follow a _____ (procyclincal; countercyclincal) pattern relative to economic activity and the default premium typically follows a _____ (procyclincal; countercyclincal) pattern relative to economic activity.

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