Which of the following is NOT part of the business cycle?
A) recession B) expansion C) peak D) trough E) inflation
E
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What is an advantage of using options instead of forward contracts when speculating on exchange rates?
What will be an ideal response?
Which interest rate is typically the lowest?
A) 3-month Treasury bills B) 2-year Treasury notes C) 10-year Treasury bonds D) 30-year Treasury bonds
Income mobility:
A. contributes to greater wealth inequality in the United States. B. is less in the United States than in most developing nations. C. is the movement of individuals and households from one income quintile to another over time. D. makes lifetime income inequality among income receivers in the United States greater than income inequality in any single year.
Explain what the term structure of interest rates represents
What will be an ideal response?