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What is the primary function of the money market?
  • a)
    Facilitating the buying and selling of long-term securities
  • b)
    Providing a platform for raising long-term capital
  • c)
    Facilitating the buying and selling of short-term securities
  • d)
    Regulating the flow of money within the economy
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What is the primary function of the money market?a)Facilitating the bu...
The money market is primarily responsible for facilitating the buying and selling of short-term securities. It deals with instruments such as Treasury bills, commercial paper, and certificates of deposit, which have shorter maturities.
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What is the primary function of the money market?a)Facilitating the buying and selling of long-term securitiesb)Providing a platform for raising long-term capitalc)Facilitating the buying and selling of short-term securitiesd)Regulating the flow of money within the economyCorrect answer is option 'C'. Can you explain this answer?
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