Assume That These Current Yields Exist: Long-Term Government Securities Yield

question 32

Multiple Choice

Assume that these current yields exist: long-term government securities yield 9 percent, five-year Treasury securities yield 8.5 percent, and one-year Treasury bills yield 8 percent. What type of yield curve is depicted?

• A) downward sloping
• B) flat or level
• C) upward sloping
• D) U shaped

---

Definitions:

Defensive

Having a protective attitude or position, often as a reaction to perceived criticism or attack.

Insulin

A hormone produced by the pancreas that regulates blood sugar levels by facilitating the uptake of glucose into tissues.

Preoperative Interview

A discussion between a patient and healthcare provider prior to a surgery to assess health and prepare the patient.

Mental Abilities

The cognitive functions and capabilities of an individual, including reasoning, memory, attention, and problem-solving.