Assume That the Treasury Experiences a Large Increase in the Budget

question 19

Multiple Choice

Assume that the Treasury experiences a large increase in the budget deficit and issues a large number of short-term securities (Treasury bills or T-bills) . This action will ____ the supply of T-bills in the market and place ____ pressure on the yield of T-bills.

• A)decrease; downward
• B)decrease; upward
• C)increase; upward
• D)increase; downward

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Definitions:

Muscle Hypertrophy

The increase in muscle size and mass due to exercise, particularly strength training.

Fibrosis

A pathological process characterized by the accumulation of excess fibrous connective tissue in an organ or tissue.

Refractory Period

The period immediately following the transmission of an impulse in nerve or muscle cells during which a second impulse cannot be generated.

Tetanus

A serious bacterial infection characterized by muscle stiffness and spasms, caused by the toxin produced by Clostridium tetani.