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If the yields on short-term securities are higher than comparable long-term securities,the yield curve will be:
Ethical Relativism
The theory that moral principles are not universal but instead vary depending on culture, individual perspective, or societal norms.
Objective Standards
Criteria established by facts or law to make judgments based on unbiased benchmarks or guidelines rather than personal feelings or opinions.
Act Utilitarianism
A form of utilitarianism that evaluates the morality of actions based on the amount of happiness they produce in the outcome.
Ethical Theory
Philosophical thinking about morality, encompassing principles and guidelines that dictate what is right and wrong behavior.
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