
Which of the following are true statements about participants in the money markets?
A) Large banks participate in the money markets by selling large negotiable CDs.
B) The U.S. government and corporations borrow in the money markets because cash inflows and outflows are rarely synchronized.
C) The Federal Reserve is the single most influential participant in the U.S. money market.
D) All of the above are true.
E) Only A and B of the above are true.
Correct Answer:
Verified
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