Examlex
Which of the following is the largest component of aggregate demand for the U.S.economy?
Yield Curve
A graph of yield to maturity as a function of time to maturity.
Immunization
A strategy in fixed-income portfolio management to shield the portfolio's value from interest rate movements.
Duration
A measure of the sensitivity of the price of a bond or other fixed-income investment to changes in interest rates, often used to assess risk.
Interest-Rate Change
A fluctuation in the cost of borrowing or the return on savings, which can significantly impact financial markets and economic conditions.
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