How expectations are formed is important because expectations influence ().
A. the demand for assets
B. bond prices
C. the risk structure of interest rates
D. the term structure of interest rates
E. all of the above
查看答案
When the federal government's budget deficit decreases, the () curve for bonds shifts to the ().
A. demand; right
B. demand; left
C. supply; left
D. supply; right
A credit market instrument that pays the owner the face value of the security at the maturity date and nothing prior to then is called a ().
A. simple loan
B. fixed-payment loan
C. coupon bond
D. discount bond
A bond's future payments are called its ().
A. cash flows
B. maturity values
C. discounted present values
D. yields to maturity
The government organization responsible for the conduct of monetary policy in the United States is the U.S. Treasury.
A. 对
B. 错