Which of the Following Statements Is True

question 57

Multiple Choice

Which of the following statements is true?

• A) Interest rates always rise before recessions.
• B) Default risk premiums vary inversely with economic activity.
• C) Municipal bond yields are usually higher than similar risk corporate yields.
• D) Treasury bond yields are always higher than Treasury bill yields.

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Definitions:

Confederate War Effort

The activities, strategies, and actions undertaken by the Confederate States of America during the American Civil War to achieve independence from the Union.

Dissent

The expression or holding of opinions at variance with those previously, commonly, or officially held.

Confederacy

A coalition of 11 southern states that seceded from the United States from 1860-1865, leading to the Civil War over issues including states' rights and slavery.

Abraham Lincoln

16th President of the United States, led the country during the Civil War and emancipated the slaves.