Examlex
____ IQ tests are prepared to minimize cultural biases.
Par Value
The nominal or face value of a stock or bond, which is the original value assigned when the security is issued.
Yield Curve
A graph showing the relationship between interest rates of bonds of equal credit quality but different maturities, often indicating economic expectations.
Short-Term Rates
The interest rates on debt securities that mature in the short term, often less than one year, which are a key indicator of the monetary policy stance of an economy.
Federal Reserve
The central banking system of the United States, responsible for monetary policy, regulating banks, maintaining the stability of the financial system, and providing financial services to depository institutions, the U.S. government, and foreign official institutions.
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