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1.
Money market is a market for
- A. short -term fund
- B. short -term fund
- C. short -term fund
- D. short -term fund
Answer: Option B
Explanation:
The money market is the trade in short - term debt. It is a constant flow of cash between governments, corporations, banks, and financial institutions, borrowing and lending for a term as short as overnight and no longer than a year. The capital market encompasses the trade in both stocks and bonds.
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