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Which of the following would not cause an upward-sloping yield curve? 1.An expected increase in the inflation rate 2.An investor preference for short-term instruments 3.An

Which of the following would not cause an upward-sloping yield curve?

1.An expected increase in the inflation rate

2.An investor preference for short-term instruments

3.An improving credit risk outlook

4.An expected decline in interest rates

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