What are the three shapes of the yield curve that tend to be associated with different stages of the business cycle? How would you categorize the current business cycle? Explain your answer
What will be an ideal response?
Periods of expansion are associated with upward-sloping yield curves, because inflation and interest rates tend to increase throughout an expansion. At troughs in the business cycle, yield curves tend to be upward sloping as well, but they start from a lower level. In contrast, yield curves tend to be inverted or downward sloping prior to a recession, with short-term rates higher than long-term rates. This inversion often occurs as central banks attempt to tighten monetary policy by increasing short-term rates (i.e., the discount rate) when the economy appears to be overheating and there is danger that inflation will increase. If the central bank is successful, then rates are expected to decline in the longer term. The current yield curve depends on current economic conditions.
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Chen's Department Store is a merchandising company that uses the periodic inventory system. Selected account balances are listed below: Sales $175,000 Purchases 90,000 Inventory (beginning) 23,000 Inventory (ending) 17,000 Purchase returns and allowances 3,000 Purchase discounts 7,000 Transportation-in 4,000 Sales discounts 8,000 Sales returns and allowances 5,000 Refer to the account information
for Chen's Department Store Calculate Chen's cost of goods purchased a. $ 84,000 b. $ 90,000 c. $ 103,000 d. $ 117,000
If the random variable X is exponentially distributed with parameter ? = 0.05, then the probability P(X > 20) = 0.3679
Indicate whether the statement is true or false
If a p control chart finds six increasing or six decreasing sample proportions in a row, this could be an example of assignable cause variation called a(n) ____________________
Fill in the blank(s) with correct word
The challenge to develop and sustain an efficient and effective supply chain(s) requires organizations to address a number of issues. Which is not included?
a. complexity b. inventory deployment c. inventory carrying costs d. technology