Unit 6 - Questions
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an upward sloping yield curve represents which of the following?
all of the above
a bond analyst is plotting a yield curve and notices that short-term maturities have higher yields than intermediate and long-term maturities. this is an example of
an inverted yield curve
when the business cycle is in the recovery stage, what type of industry tends to perform the best?
cyclical
an investor fears a coming recession. she would probably invest in
drug companies
if the customer price index (CPI) is down but consumer demand is up, the economy is likely in which stage of the business cycle?
trough to expansion
the business cycle includes all of the following classifications except
waves
