Question: A flat yield curve implies Expected declines in short-term interest rates under the term premium hypothesis Expected declines in short-term interest rates under the expectations

 A flat yield curve implies Expected declines in short-term interest rates

A flat yield curve implies Expected declines in short-term interest rates under the term premium hypothesis Expected declines in short-term interest rates under the expectations hypothesis Expected increases in short-term rates under both the expectations and term premium hypotheses Unchanged expected short-term interest rates under the term premium hypothesis

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