Answered step by step
Verified Expert Solution
Question
1 Approved Answer
35 During the 2020 economic disruption the US 10-year Treasury bond yield dropped to extraordinarily low .6% to .7% annual range. This means that for
35 During the 2020 economic disruption the US 10-year Treasury bond yield dropped to extraordinarily low .6% to .7% annual range. This means that for the US government
a.The annual interest payments are lower per each $1 000 000 000 borrowed
b.A major factor for the low yield is monetary policy
c.It becomes cheaper and more affordable for the US government to service greater loads of debt
d.All of the above
36 Rising inflation may result in
a.Rising nominal interest rates
b.Declining nominal interest rates
c.Declining taxes
d.None of the above
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started