A sharp upward sloping yield curve indicates that
A. an economic expansion has just begun.
B. an economic expansion has been going on for several years.
C. a recession is about to begin.
D. an economic expansion is nearly over.
Answer: A
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Indicate whether the statement is true or false
Which type of store carries a wide variety of product lines and has been squeezed in recent years between more focused and flexible specialty stores on the one hand and more efficient, lower-priced discounters on the other?
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Indicate whether the statement is true or false.
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