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.
(not 100% sure) but the first thing that comes to mind for me is the Egyptian religion.
Answer:
The Unites states should develop all of its natural resources.
The United States should develop fuel efficiency.
Explanation:
Alexander Hamilton was the founding father that implemented Adam Smith's policies as Treasury Secretary.
Alexander Hamilton was one of the foremost Founding Fathers as he was:
- the first Treasury Secretary
- founder of the Federalist party
- founder of the financial system of the United States
Alexander Hamilton credited Adam Smith with having espoused some of the policies that he drew inspiration from and these led him to come up with the financial system and establish trade with Britain whom he viewed as having an advantage in the production of certain goods(absolute advantage).
In conclusion, Alexander Hamilton paved the way for the financial system of a young country and kept it balanced such that it was able to move from strength to strength and he did so based on the principles of Adam West.
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Answer:
b. injury
Explanation:
According to the theory of social harm, immoral acts can be distinguished from crime on the basis of the injury they cause. This means that acts are considered immoral if they cause significant injury, or harm, to society. This view of morality emphasizes the consequence of the acts, and places this as the most important factor when deciding the ethical character of actions.