EBK ESSENTIALS OF ECONOMICS
4th Edition
ISBN: 8220103647380
Author: KRUGMAN
Publisher: MAC HIGHER
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Chapter 18, Problem 14P
To determine
Concept Introduction:
Treasury bill: This instrument is used by the government to control the money supply from the market. It is the short time period promissory note which is issued in the open market. As they are issued by the government, they are risk free.
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EBK ESSENTIALS OF ECONOMICS
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