Some characteristics of the determinants of nominal interest rates are listed as follows. Identify the components (determinants) and the symbols associated with each characteristic: Characteristic It changes over time, depending on the expected rate of return on productive assets exchanged among market participants and people's time preferences for consumption. As interest rates rise, bond prices fall, and as interest rates fall, bond prices rise. Because interest rate changes are uncertain, this premium is added as a compensation for this uncertainty. Over the past several years, Germany, Japan, and Switzerland have had lower interest rates than the United States due to lower values of this premium. This premium is added when a security lacks marketability, because it cannot be bought and sold quickly without losing value. This is the rate for a riskless security that is exposed to changes in inflation. This is the premium added as a compensation for the risk that an investor will not get paid in full. Component Nominal risk-free rate Real risk-free rate Default risk premium Maturity risk premium Liquidity risk premium Inflation premium Symbol