a. Go to www.treasurydirect.gov. Under Individuals, go to Treasury Securities & Programs. Click on Treasury bills. Under

Question:

a. Go to www.treasurydirect.gov. Under “Individuals,” go to “Treasury Securities

& Programs.” Click on “Treasury bills.” Under “at a glance,” click on “rates in recent auctions.” What is the investment rate for the most recently issued 52-

week T-bills?

b. Go to the website of your favorite bank. What is the interest rate for one-year CDs?

c. Why are the rates for one-year CDs higher than for 52-week Treasury bills?

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Essentials Of Economics

ISBN: 9781319221317

5th Edition

Authors: Paul Krugman, Robin Wells

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Question Posted: Mar 09, 2024 08:00 AM

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a. Go to www.treasurydirect.gov. Under Individuals, go to Treasury Securities & Programs. Click on Treasury bills. Under

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Essentials Of Economics

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