Financial institutions and households own about the same amount of financial assets.
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Q1: Most state and local government bonds are
Q2: Investors may invest in capital market securities
Q4: A U.S. Treasury STRIP is a zero-coupon
Q5: Life insurance companies are more likely to
Q8: A serial bond issue matures over a
Q9: The money market provides liquidity for deficit
Q9: Households are the major investor in municipal
Q10: A state turnpike authority is more likely
Q18: Yields on U.S. Treasury "ask" prices are
Q20: Money market securities are all debt securities,
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