Economics 3. Monetary Policy & Fiscal Policy
3.3 A flat yield curve is consistent with tight monetary policy and tight fiscal policy.
能理解答案,但是这两个组合与flat yield curve相符合呀,monetary policy tighten导致短期利率上升,tight policy rate 导致长期利率下降,YC会变平,Inverted只会在大幅度变动下发生。