Which of the following statements is true?
A. Treasury bills mature in 2 to 10 years.
B. Treasury notes mature in 13 or 26 weeks.
C. Treasury bills, notes, and bonds are considered to be very safe investments.
D. Municipal bonds are issued to help the federal government build new projects such as highways and stadiums.
Answer: C
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In the United States, the main contributor to economic growth is due to the growth in
A) physical capital. B) education (human capital). C) labor resources. D) capital and labor productivity.
The quantity demanded of a good is the amount that buyers are a. willing to buy
b. willing and able to buy. c. willing, able, and need to buy. d. able to buy.
Does not increase real GDP
What will be an ideal response?
An increase in the proportion of the population that is unemployed above the normal rate is best represented in Figure 1.3 and using PP1 by a movement from point
A. E to point D. B. C to point D. C. C to point A. D. D to point C.