Money market mutual funds (MMMFs) became popular in the 1970s because
A) MMMF balances were insured by FDIC, unlike bank deposits
B) MMMF were allowed to pay market rates on their balances, while commercial banks faced interest rate ceilings.
C) MMMF balances were more liquid than any bank deposits.
D) All of the above
Correct Answer:
Verified
Q60: Which of the following is not associated
Q61: Which of the following is not true
Q62: The arbitrage activities of hedge funds seeks
Q63: An open end mutual fund owns 1500
Q64: Unit investment trusts provide all of the
Q66: Which of the following is true about
Q67: Which one of the following is true
Q68: Closed-end funds can sell at a discount
Q69: Which one of the following is not
Q70: Investment funds provide investors all of the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents