1.这个题的最终答案是什么?“Mix shape of the yield curve”是什么?
2.应当如何书写答案?
Monetary policy: Expansion. (Evidence: He forecasts that the Eastland central bank will ease monetary policy.)
1.Short term interest rate decrease.
2.Bond yields decrease but slowly than short term interest rate decrease.
3.Yield curve steepening.
Fiscal policy: Expansion. (Evidence: On the fiscal side, Hadpret expects the Eastland government to enact a substantial tax cut. As a result, Hadpret forecasts large government deficits that will be financed by the issuance of long-term government securities.)
1.Yield curve unclear.
Mix policy: Expansion. (Evidence: Both Monetary policy Fiscal policy Expansion.)
1.Yield curve unclear.
这样书写怎么样?