Which of the following money market investments is a short-term debt obligation of the U.S.government?

Question

Quizplus · Accepted Answer

Treasury Bills (T-bills) are short-term debt obligations of the U.S. government and are typically issued with maturities of 4, 13, 26, or 52 weeks. Repurchase agreements, commercial paper, certificates of deposit (CD), and banker's acceptances are also money market investments, but they are not issued by the U.S. government.

Which of the Following Money Market Investments Is a Short-Term