Long term bonds have ________ interest rate risk
Fill in the blank(s) with the appropriate word(s).
Ans: higher
Economics
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Budget deficit
What will be an ideal response?
Economics
Convexity of indifference curves imply that consumers are willing to
A) give up more "y" to get an extra "x" the more "x" they have. B) give up more "y" to get an extra "x" the less "x" they have. C) settle for less of both "x" and "y". D) acquire more "x" only if they do not have to give up any "y".
Economics