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Which statements are true of the inverted yield curve (choose the correct answers): I. It is upward sloping II. The short-term interest rates are higher
Which statements are true of the inverted yield curve (choose the correct answers): I. It is upward sloping II. The short-term interest rates are higher than long-term interest rates III. A prolonged level of inverted yield curve rates may point to economic recession IV. It represents normal economic activity A. I and IV B. II, III, and IV C. II and III D. II and IV
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