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A Negatively Sloped Yield Curve Suggests

question 20

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A negatively sloped yield curve suggests  
1. short-term rates exceed long-term rates
2. long-term rates exceed short-term rates
3. the Federal Reserve is following a tight monetary policy
4. the Federal Reserve is following an easy monetary policy


Definitions:

Incongruent Statements

Statements or messages where the content does not match the speaker's intended message or emotional state.

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