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Which of the following statements is CORRECT? Then the yield curve is downward-sloping, short-term interest rates are expected to decline in the future. O When

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Which of the following statements is CORRECT? Then the yield curve is downward-sloping, short-term interest rates are expected to decline in the future. O When the yield curve is normally upward-sloping, short-term interest rates are expected to rise in the future. When the yield curve is steeply upward-sloping short-term interest rates are expected to sharply decline in the future O All of the above

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