Historically, the yield curve generally had a ____ slope, which indicates that long-term interest rates usually have been ____ short-term interest rates.
A) upward sloping; lower than
B) downward sloping; higher than
C) upward sloping; higher than
D) level; about equal to

Question

Quizplus · Accepted Answer

Historically, the yield curve has generally had an upward slope, indicating that long-term interest rates have been higher than short-term interest rates. This is known as a positively sloped yield curve or normal yield curve.

Historically, the Yield Curve Generally Had a ____ Slope, Which