In 1997, the U.S. government began issuing
A)100 year maturity securities.
B)inflation-indexed securities.
C)certificates of deposit.
D)corporate bonds.

Question

Quizplus · Accepted Answer

The U.S. government began issuing inflation-indexed securities in 1997. These securities are designed to protect investors against inflation by adjusting the bond's principal based on changes in the consumer price index (CPI). They are also known as Treasury Inflation-Protected Securities (TIPS).

In 1997, the U.S. Government Began Issuing