Which of the following is a possible outcome of a negative or low term spread?
A. A low of negative spread may indicate higher short-term interest rates in the future.
B. A low or negative spread may cause the yield curve to slope upward.
C. A low or negative spread may reduce lending by banks.
D. A low or negative spread may indicate the early stages of economic expansions.
Answer: C
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What will be an ideal response?
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a. management b. emotionally ready to deal with them c. quick to politely explain how the guest is incorrect d. empowered enough to give the guest whatever they want to fix the problem
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