The Women of Color Empowerment Scholarship winner walks to the podium to receive her award. On Friday, May 13, Student Outreach Services at Western Washington University held the 18th-annual Women of Color Empowerment Dinner and Silent Auction.
What are the different formations of yield curves? There are three main different formations of yield curves: normal, inverted and flat yield curves. The yield curve describes the shapes of the term structures of interest rates and their respective times to maturity in years. The time to maturity is located on the x-axis, whereas the yield to maturity is located on the y-axis of the graph.
Moving along the production possibilities curve, the slope becomes steeper (that is, the absolute value of the slope increases), reaching a value of -200 (an absolute value of 200) between points J and K. This reflects the law of increasing opportunity cost and results in the convex shape for the production possibilities curve. Three Curves Three alternatives help to illustrate the connection between opportunity cost and the shape of the production possibilities curve. 1  Convex: Increasing Cost (Click the [Convex] button): This is the standard convex production possibilities curve with increasing opportunity cost. Because it best reflects the economy, it is the one most commonly seen throughout the study of economics. In this case the economy foregoes increasing amounts of one good when producing more of the other.