Use the Following Figure to Answer the Question

question 24

Multiple Choice

Use the following figure to answer the question :

-The steeply upward sloping yield curve in the figure above indicates that ________ interest rates are expected to ________ in the future.

• A)short-term;rise
• B)short-term;fall moderately
• C)short-term;remain unchanged
• D)long-term;fall moderately