The Yield on NCDs Is ____ the Yield of Treasury

question 26

Multiple Choice

The yield on NCDs is ____ the yield of Treasury bills of the same maturity. The difference between their yields would be especially large during a ____ period.

• A)greater than; recessionary
• B)greater than; boom economy
• C)less than; boom economy
• D)less than; recessionary

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Definitions:

Calculus-based Trust

A form of trust predicated on the calculation and expectation that another individual will act in a predictable manner, often based on the perceived benefits and penalties associated with maintaining or betraying trust.

Deliver Promises

The act of fulfilling or keeping commitments and expectations previously agreed upon.

Counterproductive Norms

Established patterns of behavior within a group that hinder its achievement of goals or negatively affect its performance.

Persuasive Communication

The process of utilizing messages with the intent to influence the attitudes, beliefs, or behaviors of others.