Long-Term Bonds Are

Multiple Choice

Long-term bonds are

A) riskier than short-term bonds, and so interest rates on long-term bonds are usually lower than interest rates on short-term bonds.
B) riskier than short-term bonds, and so interest rates on long-term bonds are usually higher than interest rates on short-term bonds.
C) less risky than short-term bonds, and so interest rates on long-term bonds are usually lower than interest rates on short-term bonds.
D) less risky than short-term bonds, and so interest rates on long-term bonds are usually higher than interest rates on short-term bonds.