The money market refers to the market where short-term financial instruments and securities are traded, which essentially involves the demand for and supply of money. It is not a physical market located in a specific place like Bay Street in Toronto or the New York financial district, nor is it located in the Canadian Mint, which is responsible for coin production.

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The Money Market

Question 55

Multiple Choice

The money market:

A) in Canada is located in the Bay Street in Toronto.
B) in USA is located in the New York's financial district.
C) in Canada is located in the Canadian Mint.
D) in Canada refers to the demand for and supply of money.

Correct Answer: