Treasury bills are considered the safest of all money market instruments because there is no risk of ________.
A) defeat
B) default
C) desertion
D) demarcation

Name: Treasury bills are considered the safest of all money market instruments because there is no risk of ________. A) defeat B) default C) desertion D) demarcation
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Question

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Treasury bills are issued by the government and are considered to have no default risk because the government can always print more money to pay off the debt.

Treasury Bills Are Considered the Safest of All Money Market