Incorrect Answer.
p means 'share prices will go up'
q means 'interest rates will go up'
r means 'there will be a recession'.
Therefore, p 
q 
r means
'If share prices and interest rates will go up, then there will be a
recession.'
Obviously, this sentence has a different meaning than the original
one. However, what can you say about changing (p q) r to p (q r)?
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