43. What is the relationship among base money, high powered money, and the monetary a. Base mon exceeds base money b. Base money and the monetary base are the same thing, but high powered money exceeds base money c. High powered money and the monetary base are the same thing, but base money is less than high powered money. d. These are three different ways of saying exactly the same thing. ey and high powered money are the same thing, but the monetary base 44. For any given maturity, which has the greater duration, principal strips or couporn strips? They have the same duration b. Principal strips Coupon strips. d. We would need to know the yield on each to answer the question. 45 There are several ways to report the yield on a Treasury Bill. Which of these method ludes the effect of compound interest? a. Only the effective annual yield includes the effect of compound interest. b. The bond-equivalent yield and the discount yield include the effect of compo interest. c. The effective annual yield and the bond-equivalent yield include the effect of compound interest d. All three methods includes the effect of compound interest