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What best describes the most likely cause of a shift in the yield curve upward across all maturities? A. An decrease in economic activity leading
- What best describes the most likely cause of a shift in the yield curve upward across all maturities?
- A. An decrease in economic activity leading to a recession.
- B. An increase in the dividend yield on common stocks.
- C. The sale of Treasury Bonds by the US Department of the Treasury to finance deficit spending.
- D. A general increase in inflationary expectations by bond investors.
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