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The Expectations Theory of the Term Structure Says That an Upward-Sloping

Question 2

Multiple Choice

The expectations theory of the term structure says that an upward-sloping yield curve means that financial markets expect


A) yields on corporate bonds to be higher than yields on government bonds
B) stock market values to increase drastically
C) interest rates to go up in the future
D) the economy to go into a recession
E) none of the above

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