Interest Rates Declined in 2007

question 96

Multiple Choice

Interest rates declined in 2007.What happened to bond prices during this time?

• A)They were unchanged.
• B)They increased.
• C)They decreased.
• D)Not enough data to answer.

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Definitions:

Stable Across Time

A characteristic or attribute that remains consistent and unchanged over a period.

Ergs

In psychology, often considered an outdated term for the basic drives or instincts that motivate human behavior, such as hunger, thirst, and sex.

Source Traits

Fundamental personality attributes identified by Raymond Cattell that underlie and give rise to surface behaviors.

Ergs

A unit of energy in the centimeter-gram-second (CGS) system, used to measure the amount of work or energy.