A Downward Sloping Yield Curve Indicates a Possible Future Recession

question 64

True/False

A downward sloping yield curve indicates a possible future recession.

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Definitions:

12 Months

A duration of time equal to one full year, consisting of 365 days, or 366 days in a leap year.

Cooling-Off Rule

Regulation that allows consumers a set period to cancel contracts or purchases without penalty, often applied to door-to-door sales and certain loans.

Door-to-door Sales

The direct selling method where salespersons solicit business by visiting households or businesses without prior appointment.

Lemon Laws

Lemon laws are statutes that provide remedies to consumers for vehicles that repeatedly fail to meet certain standards of quality and performance.