The ______ is designed for the making of short-term loans where individuals and institutions with temporary surpluses of funds meet borrowers who have temporary cash shortages.
A) Money market
B) Capital market
C) Open market
D) Negotiated market
E) Primary market

Question

Quizplus · Accepted Answer

The Money Market is specifically designed for the purpose of facilitating short-term loans. It is where individuals and institutions with temporary surpluses of funds can lend to borrowers who are experiencing temporary shortages of cash.

The ______ Is Designed for the Making of Short-Term Loans