Which of the Following Statements Is NOT Correct

question 44

Multiple Choice

Which of the following statements is NOT correct?

• A)Money markets interest rates move closely together over time.
• B)The spreads between money market interest rates fluctuate all the time.
• C)Treasury notes and bank bill interest rates move closely together following the movements of the cash rate.
• D)Sophisticated traders take advantage of any abnormality in the spread between money market interest rates.

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Definitions:

Unconditional

Unconditional means not subject to any conditions or limitations; absolute.

Small Business Administration (SBA)

A U.S. government agency that provides support to entrepreneurs and small businesses, including loans, grants, and educational resources.

Executive Agency

An agency that is typically located within the executive branch, under one of the cabinet-level departments. The agency head is appointed by the president with the advice and consent of the Senate.

State Level

State level refers to government authority and operations that take place at the state as opposed to national or local jurisdiction within a federal system.