If Your Budget Shows a Deficit,you Are Required to ____________

question 50

Multiple Choice

If your budget shows a deficit,you are required to ____________ to balance your budget. ​

• A)increase your savings
• B)increase your income
• C)increase your expenses
• D)increase your investments

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Definitions:

Yield Curve

A graphical representation showing the relationship between the interest rates of bonds of the same credit quality but different maturities.

Holding Period

The duration of time an investment is held before being sold.

Modified Duration

A measure that estimates how the price of a bond will change in response to a change in interest rates, adjusting for the bond's yield to maturity.

Convexity

The curvature of the price–yield relationship of a bond.