Those financial markets that facilitate the flow of short-term funds are known as

Question

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Money markets facilitate the flow of short-term funds, typically less than one year, through the buying and selling of various financial instruments such as Treasury bills, commercial paper, and certificates of deposit. Capital markets, on the other hand, deal with longer-term securities such as bonds and stocks. Primary markets are where new securities are issued for the first time, and secondary markets are where already issued securities are bought and sold.

Those Financial Markets That Facilitate the Flow of Short-Term Funds