The yield curve in an economic period where higher future inflation is expected would most likely be

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A yield curve that is upward-sloping indicates that long-term interest rates are higher than short-term interest rates. This is typically the case in periods of expected higher future inflation because investors demand higher returns to compensate for the depreciation of the future value of money. Therefore, an upward-sloping yield curve is the most likely scenario when higher future inflation is expected.

The Yield Curve in an Economic Period Where Higher Future