When Yield Curves Are Flat

question 11

Multiple Choice

When yield curves are flat

• A)long-term interest rates are above short-term interest rates.
• B)short-term interest rates are above long-term interest rates.
• C)short-term interest rates are about the same as long-term interest rates.
• D)medium-term interest rates are above both short-term and long-term interest rates.

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Definitions:

American

Relating to the United States of America, its people, culture, or characteristics.

Percent

A mathematical term describing a part per hundred, used to express proportions or ratios.

Intestate

Describes a person who dies without a will.

Decedent

The deceased person.