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    Exam 6: The Risk and Term Structure of Interest Rates
  5. Question
    When the Yield Curve Is Flat or Downward-Sloping, It Suggests
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When the Yield Curve Is Flat or Downward-Sloping, It Suggests

Question 46

Question 46

Multiple Choice

When the yield curve is flat or downward-sloping, it suggests that the economy is more likely to enter ________.


A) a recession
B) an expansion
C) a boom time
D) a period of increasing output

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