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The term structure of interest rates: Multiple Choice will be upward sloping if short-term interest rates are higher than long-term rates. will be downward sloping
The term structure of interest rates:
Multiple Choice
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will be upward sloping if short-term interest rates are higher than long-term rates.
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will be downward sloping under normal conditions.
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is referred to as the yield curve.
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is not an indication of investors' expectations about inflation and future interest rates.
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