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Which of the following is NOT true: A steep yield-curve occurs when long-term interest rates are much higher than short-term interest rates. A steep yield-curve
Which of the following is NOT true:
A steep yield-curve occurs when long-term interest rates are much higher than short-term interest rates.
A steep yield-curve indicates that investors anticipate rapid economic growth.
Because long-term bonds are riskier than short-term bonds, a downward sloping yield curve is not possible.
When the economy is healthy, the yield on long-term bonds is often slightly higher than on short-term bills.
None of these.
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