• 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.
  • C

    举一反三

    内容

    • 0

      Which<br/>one of the following is consistent with a government’s policy<br/>objective to expand the level of economic activity?() A: An<br/>increase in taxation B: An<br/>increase in interest rates C: An<br/>increase in personal savings D: An<br/>increase in public expenditure

    • 1

      If interest rates increase, the prices of bonds and preferred stock increase.

    • 2

      Expected future spot rates are based on relative inflation rates between two countries

    • 3

      Under floating exchange rates, short-run exchange rates are primarily determined by national differences in real interest rates and shifting expectations of future exchange rates.

    • 4

      According to the expectation theory of term structure of interest rate theory, if the future forward rate is expected to decline, the long-term interest rate at the current point will be lower than the short-term interest rate. A: 正确 B: 错误