Money Market Mutual Funds

Money market mutual funds

A) were originally introduced by the Federal Reserve Bank of New York
B) when they were introduced,constituted serious competition to banks and thrifts for the deposits of savers
C) were not originally offered by commercial banks and still are not offered by them
D) represent a pooling of cash assets from many countries,like dollars,francs,and pesos
E) are not able to offer their customers check writing privileges