• 2022-06-07
    According
    to the expectations hypothesis, an upward-sloping yield curve implies
    that ________
    A: interest
    rates are expected to remain stable in the future.
    B: interest
    rates are expected to decline in the future.
    C: interest
    rates are expected to increase in the future.
    D: interest
    rates are expected to decline first, then increase.
    E: interest
    rates are expected to increase first, then decrease.
  • 举一反三