Compared to Short-Term Bonds,other Things the Same,long-Term Bonds Generally Have

question 94

Multiple Choice

Compared to short-term bonds,other things the same,long-term bonds generally have

• A)more risk and so they pay higher interest rates.
• B)less risk and so they pay lower interest rates.
• C)less risk and so they pay higher interest rates.
• D)about the same risk and so they pay about the same interest rate.

---

Definitions:

Central Government

The political authority that governs an entire nation or country, as opposed to local or regional governments.

Regional Governments

Governmental authorities that manage and administer specific geographic regions within a country, focusing on the unique needs and interests of those regions.

Necessary

Essential or needed to achieve a certain result or outcome.

Supremacy Clause

A provision in the U.S. Constitution declaring that federal law prevails over state law when there is a conflict between them.