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    Macroeconomics Study Set 38
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    Exam 12: Monetary Policy and the Phillips Curve
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    Figure 1213 Shows the Yield Curve for December 4, 2006
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Figure 1213 Shows the Yield Curve for December 4, 2006

Question 114

Question 114

Essay

Figure 12.13 shows the yield curve for December 4, 2006. What is notable about this yield curve? Figure 12.13 shows the yield curve for December 4, 2006. What is notable about this yield curve?    (Source: U.S. Department of the Treasury)
(Source: U.S. Department of the Treasury)

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This yield curve is "inverted"...

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