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1) Historically, an inverted yield curve for U.S. Treasury securities has often signaled Select one: A....

1) Historically, an inverted yield curve for U.S. Treasury securities has often signaled Select one: A. an economic expansion. B. an economic recession. C. a period of increased productivity. D. a period of economic stability.

2) According to the expectations theory, which yield curve configuration reflects investor expectations that there will be a fall in future interest rates relative to current interest rates? Select one: A. Normal B. Inverted C. Rising D. Flat

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