Competition among financial intermediaries tends to force borrowing rates downward.
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Q5: The money market is a market where
Q20: Depository intermediaries issue claims that are for
Q21: Every asset is someone else's liability, but
Q22: OTC markets are not very important any
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
Q29: The New York Stock Exchange is an
Q30: Life insurance liabilities are generally more predictable
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