Under the expectations theory, an upward-sloping yield curve indicates that investors expect future short-term rates to
A) fall.
B) rise.
C) remain constant.
D) either rise or remain constant.
B
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Use the figure below to answer the following question.The diagram concerns supply adjustments to an increase in demand (D1 to D2) in the immediate period, the short run, and the long run. In the immediate period, the increase in demand will
A. increase equilibrium quantity but not equilibrium price. B. increase equilibrium price but not equilibrium quantity. C. increase both equilibrium price and quantity. D. have no effect on either equilibrium price or quantity.
After a price floor of $23 is placed on the market in the graph shown, which area represents consumer surplus?
A. A
B. A + B
C. A + B + C
D. A + B + C + D
If the marginal cost is less than average total cost, average total cost will decrease
a. True b. False Indicate whether the statement is true or false
The slope of the production function with capital per worker on the horizontal axis and output per worker on the vertical axis
a. is positive and gets steeper as capital per worker rises. b. is positive and gets flatter as capital per worker rises. c. is negative and gets steeper as capital per worker rises. d. is negative and gets flatter as capital per worker rises.