If a banker expects interest rates to fall in the future, her best strategy for the present is
A) to increase the duration of the bank's liabilities.
B) to buy short-term bonds.
C) to sell long-term certificates of deposit.
D) to increase the duration of the bank's assets.
D
You might also like to view...
According to the law of supply:
A. supply curves slope downward. B. price and quantity supplied are negatively related. C. price and quantity supplied are inversely related. D. supply curves slope upward.
The information in the table shown:
This table shows the price-level adjustment as compared to the United States.
A. allows us to compare the standard of living in one country to another.
B. has been indexed to the United States.
C. shows that the typical good in Australia is more expensive than it is in the United States.
D. All of these statements are true.
GATT is the acronym (or abbreviation) for:
a. the General Agreement on Taxes and Tariffs. b. the General Agreement on Tariffs and Trade. c. the General Agreement on Trade and Taxes. d. the General Agreement on Trade.
The demand for Canadian cheese by a U.S. store is also a
A) demand for Canadian dollars. B) demand for SDRs. C) supply of U.S. dollars. D) supply of Canadian dollars.