The idea that investors today compare the returns on bonds with differing times to maturity to see which is expected to give them the highest return is the underlying principle behind the ________ of the term structure of interest rates
A) expectations theory
B) investors' viewpoint analysis
C) segmented-markets theory
D) yield comparison theory
A
Economics
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The burden of a tax is placed entirely on the buyers of a good when the demand for the good is _____
a. perfectly inelastic b. perfectly elastic c. unit elastic d. relatively elastic
Economics
Kathy has eaten five cookies. The fifth cookie makes Kathy sick. This means that for Kathy
A) the fifth cookie has little utility. B) the fifth cookie has negative utility. C) the opportunity cost of cookies is high. D) cookies must be inexpensive.
Economics