If the Treasury Uses a Relatively Large Proportion of ____

question 20

Multiple Choice

If the Treasury uses a relatively large proportion of ____ debt to finance a budget deficit, this would place ____ pressure on long-term yields.

• A) short-term; downward
• B) long-term; downward
• C) short-term; upward
• D) long-term; upward

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Definitions:

20th Century

A period from 1901 to 2000 characterized by significant technological, social, and political changes globally.