Choose the CORRECT statement regarding yield curves.

A$)$

An inverted yield curve occurs when the Federal Reserve has tightened credit in an inflationary economy.

B$)$

A flat yield curve occurs when the economy is peaking and, therefore, no near$-$term change in future interest rates is expected.

C$)$

All of these statements are correct.

D$)$

A normal yield curve occurs during periods of economic expansion and