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
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
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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