The ____ of Interest Rate Futures ____ the Potential Adverse

question 35

Multiple Choice

The ____ of interest rate futures ____ the potential adverse effect of rising interest rates on a bank's interest expenses.

• A)sale; increases
• B)sale; reduces
• C)purchase; reduces
• D)sale; increases AND purchase; reduces

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Definitions:

Moving Expenses

Costs incurred for relocating, which in certain situations, may be deductible for tax purposes.

Above-the-line Deduction

A deduction from gross income that can be taken without itemizing deductions, reducing adjusted gross income, and available to all taxpayers who qualify.

Moving Expenses

Costs incurred by an individual or household for relocating to a new residence, which can sometimes be deducted for tax purposes if they are related to starting a new job.

Qualified Education Loans

Loans taken out exclusively for paying higher education expenses that are eligible for certain tax benefits.