Which of the following Federal Reserve chairs had the longest tenure?

All bonds that will not be held to maturity have interest rate risk which occurs because of the change in the price of the bond as a result of

A) interest-rate changes. B) changes in the coupon rate. C) default of the borrower. D) changes in the asset's maturity date.

Predicting business cycles is difficult because

A) they are very persistent. B) the weather changes unpredictably. C) statistics lie. D) their frequency is irregular.