As the COVID-19 pandemic spread in 2020, many countries' economies headed toward recession. Economic activity ground to a halt in many countries as people stayed home to slow the spread of the virus. Using the term spread as an economic indicator, economists would expect the yield curve to Question 30Answer A. become inverted as recession hit B. have inverted approximately a year earlier C. have become flat as recession hit D. become inverted approximately a year after recession hit E. none of the above