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Money Market Mutual Funds (MMMFs) Have Caused Disintermediation at Banks

Question 39

Multiple Choice

Money market mutual funds (MMMFs) have caused disintermediation at banks at times. This is because MMMFs


A) sometimes pay higher interest rates than bank deposits.
B) are less risky than bank deposits.
C) are now federally insured, like bank deposits.
D) offer guaranteed rates of return.
E) none of the above

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