Zero-coupon bonds trade at _____.

Select one:

a. a premium

b. par

c. a discount

d. None of the above

If the economy is slowing, the Federal Reserve in the United States and central banks in other countries will increase interest rates to stimulate investment.

Select one:

a. True

b. False

Which of the following is often interpreted as a negative forecast for economic growth.

Select one:

a. Normal yield curve

b. Steep (increasing) yield curve

c. Inverted (decreasing) yield curve

d. Flat yield curve