One advantage of a money market mutual fund account is that:
a. it is guaranteed for a larger amount than are FDIC-insured deposits
b. it is a riskless asset.
c. its holders typically earn more interest than they can with a regular bank account.
d. it earns high interest and is liquid.
e. it is completely liquid and riskless.
c
Economics
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What will be an ideal response?
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Speculators absorb additional risk in futures markets as a result of the actions taken by
A) longs. B) hedgers. C) brokers. D) shorts.
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