Answer:
c. The maturity risk premium is zero.
Explanation:
Pure expectation theory states that the forward rate will represent expected future rate. Term structure is said to be a reflection of what the market expects future short term rates to be.
As future rates are expected to be the same as spot rates for that date, the theory is only applicable when there is no risk premium. That is the maturity risk premium is zero.
Answer:
The necessity of balancing the federal budget
Explanation:
Teacher said so.
I believe the answer is: D) The nation’s deficit rose greatly as inflation and unemployment fell.
In reagan administration, the government reduce the amount of tax payment that must be paid by the citizens.
Even though this resulted in deficit of government budget, a lot of businesses managed to flourish and able to hire more workers. Which resulted in a decrease of inflation and unemployment.
Answer:
True
Explanation:
Garments are always made with precision to prevent any hazard or harmful impact on the human body so that humans can feel comfortable while wearing those clothes.
It is true that no ornaments in a sleeping garment should extend more than 1/4 inch from the point of attachment because it can make the garment flammable and will be no more comfortable as per the guidelines of flammable fabrics act regulations.
Hence, the correct answer is "True".