3. a. Go to www.treasurydirect.gov. Under Individuals, go to Learn about Treasury Bills, Notes, Bonds, and TIPS.

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3.

a. Go to www.treasurydirect.gov. Under “Individuals,” go to

“Learn about Treasury Bills, Notes, Bonds, and TIPS.” Click on “Treasury bills.” Under “at a glance,” click on “rates in recent auctions.” What is the investment rate for the most recently issued 26-week T-bills?

b. Go to the website of your favorite bank. What is the interest rate for six-month CDs?

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Related Book For  book-img-for-question

Essentials Of Economics

ISBN: 9781429218290

2nd Edition

Authors: Paul Krugman, Robin Wells, Kathryn Graddy

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