Money Market Mutual Funds Are Best Described as Institutions That

Money market mutual funds are best described as institutions that

A) invest only in MMDAs.
B) pool resources of many investors to purchase liquid and high-yielding securities.
C) issued by the Treasury,commercial banks,and other corporations.
D) combine short-term securities with long-term securities.
E) are established by banks and other financial institutions to help depositors manage their liquid assets.