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historically, the real return on treasury bills has been . multiple choice question. quite high negative misunderstood quite low

Sagot :

Historically, the real return on treasury bills has been quite low.

What is treasury?

⇒A treasury can be a finance ministry, a government agency responsible for taxation and finance or a site or place where treasure is held, such as cash or priceless objects. They could be individual property, religious treasure, or state or royal property. Treasurer is the customary title for the person in charge of a treasury. Especially if they are not an elected representative, this post may not always have the last say on what the treasury does. The word "treasury" first appeared in Classical times to refer to votive structures built to house offerings to the gods, such as the Siphnian Treasury in Delphi or the numerous structures of a similar design built in Olympia, Greece, by rival city-states to outdo one another during the prehistoric Olympic Games.

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