The primary reason that individuals and firms choose to borrow long-term is to reduce the risk that interest rates will _________ before they pay off their debt.
举一反三
- 【单选题】An upward-sloping term structure of interest rates indicates that: A. longer-term rates are higher than shorter-term rates B. investors should expect interest rates to decline in the future C. short and intermediate term rates are real rates while long term rates are nominal rates D. the Fed is expected to decrease rates in the near term E. the larger the investment in dollars, the higher the interest rate paid
- I need to pay _________ all my debt before I leave the country. A: off B: into C: on D: in
- Changes in interest rates make investments in long-term bonds risky.
- When yield curves are downward sloping, long-term interest rates are above short-term interest rates.
- Artificially low interest rates have caused a slump in the lira(里拉：意大利货币) (down 55% in the past four years), pushed inflation up to double digits and led firms to overload themselves with debt. （Economist）