The term, "Treasury Securities" applies to U.S. treasury bills, treasury notes and treasury bonds. A treasury security (or treasury bond) is: (Please select the CORRECT answer.) Group of answer choices   similar to a stock or share in a company's ownership.   an I.O.U. issued by the U.S. Treasury to fund a Federal Budget deficit.

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter12: Money And Banking
Section: Chapter Questions
Problem 10E
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The term, "Treasury Securities" applies to U.S. treasury bills, treasury notes and treasury bonds. A treasury security (or treasury bond) is:

(Please select the CORRECT answer.)

Group of answer choices

 

similar to a stock or share in a company's ownership.

 

an I.O.U. issued by the U.S. Treasury to fund a Federal Budget deficit.

 

the same as the total outlays or spending by the federal government in a fiscal year.

 

just another name for the Federal Budget deficit.

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