Generally speaking, all else being equal, an upward-sloping yield curve can be expected when:()
A. inflationary expectations are beginning to subside and investors begin to show a preference for more liquid/less risky short-term securities.
B. the supply of long-term funds falls short of demand and investors begin to show a preference for more liquid/less risky short-term securities.
C. inflationary expectations are beginning to subside.