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Basic Question 2 of 2
Which statement is FALSE regarding credit cycle? A. Credit cycles drive business cycles.
B. Credit cycles tend to be longer than business cycles.
C. Credit cycles tend to boom ahead of business recessions.
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
describe credit cycles
CFA® 2024 Level I Curriculum, Volume 1, Module 2.