Which of the following statements is correct?

The reason why central banks have enlarged the list of eligible securities for reverse repos during the GFC was because __________.

	A.	central banks wanted to provide central bank money to non ADIs.
	B.	government bonds were not in enough quantity in banks' assets to allow a massive injection of central bank money.
	C.	many government bonds had been written off.
	D.	central banks had not enough government bonds.
	E.	the interest rate target could not be lowered anymore.

Which of the following statements is correct?

The expectations theory of interest rates concludes that _____________ .

	A.	people prefer several short term investments rather than one single long term one if they have the same future value.
	B.	people prefer one single long term investment rather than several short term ones if the former (long term one) has a higher future value.
	C.	people prefer one single long term investment rather than several short term ones if they have the same future value.
	D.	people prefer several short term investments rather than one single long term one irrespective of their future value.
	E.	people are indifferent between one single long term investment and several short term ones, irrespective of their future value.