If the yield curve has a mild upward slope, the liquidity premium theory (assuming a mild preference for shorter-term bonds) indicates that the market is predicting
A) a rise in short-term interest rates in the near future and a decline further out in the future.
B) constant short-term interest rates in the near future and further out in the future.
C) a decline in short-term interest rates in the near future and a rise further out in the future.
D) a decline in short-term interest rates in the near future and an even steeper decline further out in the future.
B
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Indicate whether the statement is true or false
If someone with a Ph.D. in philosophy finds work as a taxi driver, but continues to look for a college teaching position, he is counted as being employed
a. True b. False Indicate whether the statement is true or false
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Please provide the best answer for the statement.