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The Yield Curve in 2009 Was Very Low,with Short-Term Rates

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Essay

The yield curve in 2009 was very low,with short-term rates close to zero and long-term rates below 5 percent.What factors contributed to such low interest rates?

Recognize the roles of different stakeholders in the strategic planning process.
Define key concepts and terms in strategic planning such as mission creep, operational planning, and strategic issues.
Understand the benefits and criticisms of strategic planning.
Learn the process of operational planning and its necessity for implementing a strategic plan.

Definitions:

Shaping Procedure

A method of training by which successive approximations toward a target behavior are reinforced.

Electroconvulsive Therapy

A psychiatric treatment in which seizures are electrically induced in patients to relieve severe mental disorders.

Systematic Desensitization

A technique used in behavior therapy to treat phobias and other behavior problems involving anxiety, by gradually exposing the patient to the anxiety-producing stimulus in a controlled environment.

Closed Places

Spaces or environments that are physically restricted, enclosed, or not open to the surrounding area or the public.

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