Question: 3. As discussed in class, a nomnal yield curve implies A. higher interest rates in the future according to the pure expectarions theory? B. lower
3. As discussed in class, a "nomnal" yield curve implies A. higher interest rates in the future according to the pure expectarions theory? B. lower interest rates in the future C. a dectease in expected inflation D. in all tikelihood we ure going into a recession E. investors expect inflation to be constunt
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