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Roar Roar
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5 years ago
Suppose that financial market participants now expect a future tax cut and that the yield curve is initially upward sloping. Given this information, we would expect which of the following to occur?
A) the yield curve will become steeper
B) the yield curve will become flatter
C) the yield curve will become horizontal
D) the yield curve will become downward sloping
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
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vonCOLLINZOvonCOLLINZO
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5 years ago
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A
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Roar Author
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5 years ago
Good timing, thanks!
missnoname
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Yesterday
this is exactly what I needed
gma_of_7
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2 hours ago
Helped a lot
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