According to the expectations theory of the term structure of interest rates, if the yield curve slopes _______, the markets expect short-term interest rates to _______ in the future
A) upward; increase
B) downward; decrease
C) upward; decrease
D) both a and b
E) both a and c

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The Answer of According to the expectations theory of the term structure of interest rates, if the yield curve slopes _______, the markets expect short-term interest rates to _______ in the future
A) upward; increase
B) downward; decrease
C) upward; decrease
D) both a and b
E) both a and c

According to the Expectations Theory of the Term Structure of Interest