Competition among financial intermediaries tends to force interest rates downward.
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Q5: The money market is a market where
Q11: Commercial banks are the major issuer and
Q24: The money market is a dealer market,
Q26: Households are the major source of funds
Q27: Money markets have a greater variety of
Q28: The money market provides short-term liquidity; the
Q33: Mortgages are capital market debt securities.
Q34: Primary markets are markets where users of
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Q40: Federal funds are the funds provided by
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