Multiple Choice
Which of the following is an effective strategy in times of falling interest rates?
A) Use long-term loans to take advantage of current low rates.
B) Use short-term loans to take advantage of lower rates when you refinance the loans.
C) Select short-term savings instruments to take advantage of higher rates when they mature.
D) Select short-term savings instruments to lock-in earnings at current high rates.
E) Select long-term savings instruments to lock-in earnings at current low rates.
Correct Answer:

Verified
Correct Answer:
Verified
Q58: Demand deposits are another term for checking
Q67: Describe mobile transfer apps and how they
Q70: Tim Gleason has set up a legal
Q71: Which law requires banks and other financial
Q72: A pawnshop with a monthly interest rate
Q73: Prepaid debit cards are used for:<br>A)Social security
Q74: A limit on the amount you must
Q76: A savings account earns 4 percent.If the
Q78: Which one of the following is not
Q80: Which is a CD that offers a