Question: 31. An inverted yield curve: a exists when short-term interest rates are higher than long-term interest rates b. exists when long-term interest rates are higher

 31. An inverted yield curve: a exists when short-term interest rates

31. An inverted yield curve: a exists when short-term interest rates are higher than long-term interest rates b. exists when long-term interest rates are higher than short-term interest rates c. is also known as a normal yield curve d. Both a &c e. Both b&c

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