The difference between money and capital markets is that the former involves financial assets with a life span of ____ than a year and the latter involves those with a life span of ____ than a year.
A) less, greater
B) greater, less
C) slightly less, slightly more
D) greater, much greater

Question

Quizplus · Accepted Answer

Money markets deal with financial assets that have a life span of less than a year, such as short-term debt securities, whereas capital markets involve financial assets that have a life span of greater than a year, such as stocks and long-term bonds.

The Difference Between Money and Capital Markets Is That the Former