Why are the US interest rates, the Fed Funds rate and Treasury Securities interest rate so important to global capital flows? a. New York City's Wall Street is a major global capital market b. the US government instructs private investment banks as to where to invest c. These rates are the "risk free" benchmark rate against which many other interest rates are priced d. the US is a democracy

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Why are the US interest rates, the Fed
Funds rate and Treasury Securities interest
rate so important to global capital flows?
a. New York City's Wall Street is a major
global capital market
b. the US government instructs private
investment banks as to where to invest
c. These rates are the "risk free" benchmark
rate against which many other interest
rates are priced
d. the US is a democracy
Transcribed Image Text:Why are the US interest rates, the Fed Funds rate and Treasury Securities interest rate so important to global capital flows? a. New York City's Wall Street is a major global capital market b. the US government instructs private investment banks as to where to invest c. These rates are the "risk free" benchmark rate against which many other interest rates are priced d. the US is a democracy
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