Economics & AnalysisQuestion 14 of 110

A yield curve that slopes downward, with short-term rates higher than long-term rates, is described as which of the following?

a.A normal yield curve
b.A flat yield curve
c.An inverted yield curve
d.A humped yield curve

Explanation

An inverted yield curve occurs when short-term interest rates exceed long-term rates and is often watched as a potential recession signal. A normal curve slopes upward. A flat curve shows little difference between short and long maturities.

Practice all 110 questions free — no signup required.

Related questions on this topic

Last reviewed: · editorial process

PrepPass Editorial Team · Verified against NASAA Series 65 Investment Adviser Law Exam · How we review
Report