Which of the following is not a characteristic of money market funds (MMFs)?

A) They pool money provided by individuals to invest.
B) They invest in securities with short-term maturities.
C) They are high-risk investments.
D) They allow limited check writing.

Answer: C

Business

You might also like to view...

The line that best fits the ordered pairs using the least squares method is called the residual line

Indicate whether the statement is true or false

Business

Which of the following is a tactical category of cause-related marketing?

A) licensing programs B) relationship programs C) media promotions D) franchise opportunities E) exploitative efforts

Business