Question: When a yield curve has a positive slope: Select one: a. long-term yields are higher than short-term yields. b. short-term yields are higher than long-term

When a yield curve has a positive slope:

Select one:

a.

long-term yields are higher than short-term yields.

b.

short-term yields are higher than long-term yields.

c.

the bond market is expecting default by bond issuers.

d.

the inflation rate is expected to fall.

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