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6 The yield curve describes the relationship between short- and long-term interest rates. Which of the following statements about the yield curve is true? 1
6 The yield curve describes the relationship between short- and long-term interest rates. Which of the following statements about the yield curve is true? 1 point When the yield curve is steep, market participants expect the interest rate to fall. When the yield curve inverts, a recession is likely to follow. A yield curve inversion signals a good economic environment because low long-term interest rates facilitate investment. A steep yield curve means that it is cheaper to roll over one-year loans 10 times instead of taking out a 10-year loan
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