Suppose that the U.S. Treasury announces today that it will sell $36 billion in Treasury bills next week to redeem $33.89 billion in maturing bills. This announcement will cause the Treasury bills to and the yield to TODAY, everything else held constant. Select one: OA. demand for; increase; decrease B. supply of; decrease; decrease OC. demand for; decrease; increase OD. supply of; increase; increase
Suppose that the U.S. Treasury announces today that it will sell $36 billion in Treasury bills next week to redeem $33.89 billion in maturing bills. This announcement will cause the Treasury bills to and the yield to TODAY, everything else held constant. Select one: OA. demand for; increase; decrease B. supply of; decrease; decrease OC. demand for; decrease; increase OD. supply of; increase; increase
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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