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

Question:

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?

c. Why are the rates for six-month CDs higher than for 26-week Treasury bills?

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Essentials Of Economics

ISBN: 9781429278508

3rd Edition

Authors: Paul Krugman, Robin Wells, Kathryn Graddy

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Question Posted: Oct 02, 2024 06:00 AM

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

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Essentials Of Economics

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