Money markets are markets for
A) foreign stocks.
B) consumer automobile loans.
C) u.s. stocks.
D) short-term debt securities.
E) long-term bonds.

Question

Quizplus · Accepted Answer

Money markets are primarily focused on short-term debt securities, such as treasury bills, certificates of deposit, commercial paper, and other highly liquid and low-risk instruments. These markets are important for institutions like banks and corporations, which need a place to invest their excess cash for short periods. Thus, the best choice among the given options is D, short-term debt securities.

Money Markets Are Markets for