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1 pts Assume the term structure is currently strictly upward sloping. If Congress passes a law that makes the income from 30-year Treasury Bonds exempt

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1 pts Assume the term structure is currently strictly upward sloping. If Congress passes a law that makes the income from 30-year Treasury Bonds exempt from income taxes (e.g., no income tax on the income the bonds provide), all else equal this would make the term structure have a steeper slope shift all maturity rates down shift all maturity rates up have a flatter of a slope Question 29 1 pts During a recession or time of economic uncertainty, investors are likely to become: More risk-averse

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