A Downward-Sloping Yield Curve That Indicates Generally Cheaper Long-Term Borrowing

question 48

Multiple Choice

A downward-sloping yield curve that indicates generally cheaper long-term borrowing costs than short-term borrowing costs is called

• A) normal yield curve.
• B) inverted yield curve.
• C) flat yield curve.
• D) none of the above.

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Definitions:

Cultural Tightness

The degree to which cultures have strict norms and low tolerance for deviant behavior.

Intolerance for Ambiguity

Describes an individual's difficulty in coping with situations that are unclear or lack precise information.

Personality Traits

Relatively stable characteristics or tendencies that can predict how individuals will behave in a wide range of situations.

Big Five Traits

A model proposing that five broad dimensions – openness, conscientiousness, extraversion, agreeableness, and neuroticism – sufficiently capture most aspects of personality.