The primary function of large diversified brokerage firms in the money market is to
A) sell money market securities to the Federal Reserve for its open market operations.
B) make a market for money market securities by maintaining an inventory from which to buy or sell.
C) buy money market securities from corporations that need liquidity.
D) buy T-bills from the U.S. Treasury Department.
B
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A) eliminate background noise B) present a slide show C) seat speakers close together D) distribute copies of press releases E) create a backgrounder for each speaker
The primary reason life insurance policies have a savings element is to allow the:
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