Financial markets and institutions
Markets in which funds are transferred from those who have excess funds available
to those who have a shortage of available funds are called
The price paid for the rental of borrowed funds (usually expressed as a percentage
of the rental of $100 per year) is commonly referred to as the
The bond markets are important because
Interest rates are important to financial institutions since an interest rate increase
Typically, increasing interest rates
Compared to interest rates on long-term U.S. government bonds, interest rates on
____ fluctuate more and are lower on average.
Compared to interest rates on long-term U.S. government bonds, interest rates on
three-month Treasury bills fluctuate _____ and are _____ on average.
The stock market is important because
Stock prices since the 1950s have been