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Assume that a yield curve is influenced by interest rate expectations and a liquidity premium. Assume the yield curve is initially flat. If liquidity suddenly was no longer important, the yield curve would now have a ____ (assuming no other changes) .
Transparent Area
A region in a material or substance that allows light to pass through so that objects behind can be distinctly seen.
Outermost Layer
The surface or external layer of an object or organism.
Taste Cells
Specialized sensory cells located on the taste buds that are responsible for detecting the five basic tastes: sweet, sour, salty, bitter, and umami.
Innermost Layer
The deepest layer within a structure or object, often referring to the inner layer of bodily organs or the Earth.
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