Which of the following statements about the money market is true?
A) The money market is a dealer market linked by efficient communications systems.
B) Money market transactions are seldom over $1 million.
C) Money market transactions include more "primary market" trades for a security than secondary market trades.
D) Most money market transactions are conducted by mail.
E) All of the above statements are true.

Question

Quizplus · Accepted Answer

The money market is indeed a dealer market linked by efficient communication systems, allowing for quick and large transactions. The other statements are incorrect as money market transactions often exceed $1 million, involve both primary and secondary market trades, and are not typically conducted by mail.

Which of the Following Statements About the Money Market Is