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According to the text, fear-based messages (e.g., messages about the dangers of smoking) are almost always highly effective.
Short-term Investors
Individuals or entities that hold investments for a brief period, typically less than a year, aiming for quick profits.
Forward Rate
The predetermined interest rate for a future financial transaction, agreed upon today.
Short Rate
A one-period interest rate.
Term Structure
The arrangement or relationship between interest rates and the time to maturity of debt securities.
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