Question: According to the expectations hypothesis, a normal yield curve implies that Group of answer choices interest rates are expected to remain stable in the future.
According to the expectations hypothesis, a normal yield curve implies that
Group of answer choices
interest rates are expected to remain stable in the future.
interest rates are expected to decline in the future.
interest rates are expected to increase first, then decrease.
interest rates are expected to decline first, then increase.
interest rates are expected to increase in the future.
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