The money market provides all of the following except:
A) It helps to even out the cash flow of corporations
B) It provides a low default repository for funds which will be needed shortly
C) It satisfies short-term working capital needs
D) It provides financing for new plant and equipment
E) It provides financing for high risk opportunities

Question

Quizplus · Accepted Answer

The money market is primarily for short-term borrowing and lending, typically for periods of a year or less, and is not used for financing long-term investments like new plant and equipment.

The Money Market Provides All of the Following Except