Question: 31 When a yield curve has a positive slope: Select one: a. long-term interest rates are lower than short-term interest rates. b. the inflation rate
31 When a yield curve has a positive slope:
Select one:
a. long-term interest rates are lower than short-term interest rates.
b. the inflation rate is expected to fall.
c. long-term interest rates are higher than short-term interest rates
d. the yield curve contains both a normal curve and an inverse curve.
e. it is called a inverse yield curve.
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