Over the next three years, the expected path of 1-year interest rates is 4, 1, and 1 percent. the expectations theory of the term structure predicts that the current interest rate on 3-year bond is ) 1 percent.(b) 2 percent.(c) 3 percent.(d) 4 percent.(e) 5 percent.

B) 2 percent.

Explanation:

to calculate the expected interest rates we just add the forward rates: 4 + 1 + 1 = 6, and then divide by 3 (the number of forward rates, not the number of years): 6 / 3 = 2

The expectations theory of the term structure states that investors will predict the value of future short term interest rates using the values of current forward rates.

the correct answer would be b, when, queen, calder hall and london.

explanation:

we always capitalize words when a paragraph or sentence is starting, when an important name is used, when a place is being written, or simply when a noun is used, etc. so in this sentence, sentence is starting from 'when', so it will be written in capital letters. secondly, queen is considered to be an important person, so it will also be written in capital letter. next, the name of the town is mentioned, i-e calder hall, which will also be written in capital letters. in the last,   city name is being used, 'london', which will also be written in capital letters. so option b is the most appropriate one.

the answer is     d. in our global economy, most job growth will be in services, but manufacturing jobs will exist, too.