Explain what the term structure of interest rates represents
What will be an ideal response?
The term structure of interest rates illustrates the relationship between the yield to maturity on bonds (with the same risk characteristics) and maturity.
Economics
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The demand for household appliances increased due to an increase in consumers' incomes. This will lead to a ________, assuming all else equal
A) rightward shift of the labor demand curve of this industry B) leftward shift of the labor supply curve of this industry C) rightward shift of the labor supply curve of this industry D) leftward shift of the labor demand curve of this industry
Economics
The balance of payments always balances, because each of the specific accounts must, by definition, be in balance
a. True b. False
Economics