a. Go to www.treasurydirect.gov. Under Individuals, go to Treasury Securities & Programs. Click on Treasury bills. Under

Question:

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

go to “Treasury Securities & Programs.” 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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Macroeconomics

ISBN: 9781464110375

4th Edition

Authors: Paul Krugman, Robin Wells

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Question Posted: Feb 28, 2024 04:01 AM

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a. Go to www.treasurydirect.gov. Under Individuals, go to Treasury Securities & Programs. Click on Treasury bills. Under

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Macroeconomics

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