1. The expectation of accelerating inflation and rising interest rates could logically be expected to:
a) raise short term interest rates relative to long term rates
b) raise bond prices
c) flatten the yield curve
d) cause borrowers to shun/avoid short term borrowing
2. Your full service stock broker would (assuming that he knows some finance):
a) prefer to have you think that financial markets are highly efficient
b) prefer to have you think that financial markets are inefficient
c) not care any whether you think financial markets are efficient or inefficient
d) prefer that you believe there is no way that a "January effect" could exist