The reason why the market for large CDs has been active since 1961 may be that the yield is usually higher than Treasury bills.A．RightB．WrongC．Doesn't say

题目内容(请给出正确答案)

The reason why the market for large CDs has been active since 1961 may be that the yield is usually higher than Treasury bills.

A．Right

B．Wrong

C．Doesn't say

参考答案和解析

正确答案：A
解析：文章最后一段提到The yield on 3-month CDs is usually higher than 3-month Treasury bills…This may explain the extent of the spread。

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The reason why the market for large CDs has been active since 1961 may be that the yield is usually higher than Treasury bills.A．RightB．WrongC．Doesn't say

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