Question 43 (1 point) If research showed that anticipation about future interest rates was the only important factor for all investors in choosing short-term or long-term securities, this would support the central argument made by the: Question 43 options: Liquidity premium theory Pure expectations theory Segmented markets theory None of the above Save Question 44 (1 point) According to the pure expectations theory, the yield curve will be __________ when investors expect future interest rates to be lower than current interest rates. Question 44 options: normal. inverted. humped. flat. 45 If research showed that all investors attempt to purchase securities that perfectly match their time in which they will have available funds, this would specifically support the argument made by the Question 45 options: liquidity premium theory. real interest rate theory. pure expectations theory. segmented markets theory (preferred habitat). Question 46 (1 point) An upward-sloping yield curve indicates that Treasury securities with ______________ maturities offer ______________ annualized yields. Question 46 options: longer; lower longer; higher shorter; lower shorter; higher 2 and 3 Save Question 47 (1 point) The time from which a problem is recognized and a policy is developed and implemented to resolve the problem is known as the ___________ lag. Question 47 options: recognition policy impact None of the above are correct. Save Question 48 (1 point) The time between a monetary policy action being taken and when such action has a significant influence upon prices, employment, and economic output is called: Question 48 options: Recognition Lag Policy Lag Impact Lag Legal Lag Save Question 49 (1 point) The time between when the Fed adjusts the money supply and when interest rates change reflects the Question 49 options: recognition lag. implementation lag. impact lag. open-market lag. Save Question 50 (1 point) The statement sent by the FOMC to the New York Federal Reserve Bank's trading desk is known as the Question 50 options: monetary order. operational imperative. policy directive. economic outlook.