William recently purchased $20,000 worth of Treasury bonds. The type of bonds that he purchased protect him from increases in the rate of inflation. William purchased

Name: William recently purchased $20,000 worth of Treasury bonds. The type of bonds that he purchased protect him from increases in the rate of inflation. William purchased
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Question

Quizplus · Accepted Answer

TIPS, or Treasury Inflation-Protected Securities, are designed to protect investors from inflation, as their principal value adjusts with the inflation rate.

William Recently Purchased $20,000 Worth of Treasury Bonds