An upward-sloping yield curve suggests that financial market participants expect short-term interest rates will
A) rise in the future.
B) fall in the future.
C) be unstable in the future.
D) not change in the future.
E) be equal to zero in the future.
A
Economics
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All of the following present significant problems with measuring real GDP and the price level except
A) changes in absolute price levels. B) changes in relative price levels. C) changes in the quality of goods over time. D) the introduction of new goods.
Economics
Allocative efficiency occurs only at that output where:
A. marginal benefit exceeds marginal cost by the greatest amount. B. consumer surplus exceeds producer surplus by the greatest amount. C. the combined amounts of consumer surplus and producer surplus are maximized. D. the areas of consumer and producer surplus are equal.
Economics