Which of the Following Statements Is False

question 20

Multiple Choice

Which of the following statements is false?

• A) In the case of a Treasury note or Treasury bond offering, the stop-out yield determines the coupon of the bond and then all bidders pay the discounted value for the bond or note.
• B) All competitive bidders submit sealed bids in terms of yields and the amount of bonds they are willing to purchase.
• C) In the past, the Treasury has issued bonds with maturities of 30 years (often called long bonds) and 20 years.
• D) Noncompetitive bidders (usually individuals) just submit the amount of bonds they wish to purchase and are guaranteed to have their orders filled at the auction.

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Definitions:

Latent-Learning Experiments

These experiments demonstrate that learning can occur without reinforcement and can be manifested suddenly when a reward is introduced.

Reward

A positive reinforcement that increases the likelihood of a particular behavior being repeated.

Latent Learning

Knowledge of the environment gained through experience but not evident under current conditions.

Mental Representation

An internal symbolic representation of external reality or thoughts, allowing individuals to understand and interact with the world.