Macroeconomic factors have an important effect on both the general level of interest rates and the shape of the yield curve; which of the following are not factors that shape the yield curve: All of these shape the yield curve Federal Reserve policy None of these shape the yield curve the level of business activity the federal budget deficit or surplus international factors, including the foreign trade balance and interest rates in other countries Question 52 Since the market uses consensus forecasts for future rates, the market is always right True False Macroeconomic factors have an important effect on both the general level of interest rates and the shape of the yield curve; which of the following are not factors that shape the yield curve: All of these shape the yield curve Federal Reserve policy None of these shape the yield curve the level of business activity the federal budget deficit or surplus international factors, including the foreign trade balance and interest rates in other countries Question 52 Since the market uses consensus forecasts for future rates, the market is always right True False