问题如下：
In which of the following situations, the use of short-term debt is greater when everything else hold constant?
选项：
A.A market with high inflation.
B.A country with high GDP growth.
C.A market with large institutional investors.
解释：
A is correct.
考点：Practical Issues in Capital Structure Policy
解析：当通货膨胀比较高时，总体来说债券投资会降低，而债券投资中更倾向于投资短期债。
通货膨胀高时,以后钱不值钱了,不是现在借长期的将来还比较划算吗?为什么要投资短期的呢?
