A Government Run by a Central Ruling Party with a Self-Appointed

question 22

Multiple Choice

A government run by a central ruling party with a self-appointed leader is called a(n)

• A) centralized government.
• B) central government.
• C) authoritarian government.
• D) legal authority.

---

Definitions:

Arbitrage

The practice of profiting from price differences of the same asset in different markets by simultaneously buying and selling it.

Treasury Bond

A long-term government debt security with a fixed interest rate, considered low-risk.

Expectations Theory

A theory in finance that predicts the future interest rates from the yield curve of long-term and short-term government bonds.

Term Structure

The relationship between interest rates or bond yields and different terms or maturities, often depicted in a yield curve.