The Yield on Commercial Paper Minus the Yield on U

question 33

Multiple Choice

The yield on commercial paper minus the yield on U.S. Treasury bills

• A)rises when financial markets believe that a recession is imminent.
• B)falls when financial markets believe that a recession is imminent.
• C)is an unreliable indicator of future economic activity.
• D)is strongly affected by marginal federal income tax rates.

---

Definitions:

Glutamate

An amino acid that acts as a major excitatory neurotransmitter in the nervous system, playing a key role in brain development and synaptic plasticity.

Depolarized

A state in which the membrane potential of a neuron becomes less negative, making the neuron more likely to fire an action potential.

MRI Scans

Imaging tests that produce high-resolution images of the body's internal organs and tissues using strong magnetic fields.