Because of an Expected Rise in Interest Rates in the Future,a

question 75

Multiple Choice

Because of an expected rise in interest rates in the future,a banker will likely

• A)make long-term rather than short-term loans.
• B)buy short-term rather than long-term bonds.
• C)buy long-term rather than short-term bonds.
• D)make either short or long-term loans;expectations of future interest rates are irrelevant.

---

Definitions:

Strong And Precise

This phrase describes language or communication that is forceful and accurate, effectively conveying the intended message without ambiguity.

Jargon

Specialized language used by a particular profession, group, or interest, often difficult for outsiders to understand.

Buzzwords

Popular or trendy words or phrases that are used to impress or persuade, often without conveying substantial information.

Denotative Meaning

The literal, or dictionary, meaning of a word.