Which of the following are true statements about participants in the money markets?
A) Large banks participate in the money markets by selling large negotiable CDs.
B) The U.S. government and corporations borrow in the money markets because cash inflows and outflows are rarely synchronized.
C) The Federal Reserve is the single most influential participant in the U.S. money market.
D) All of the above are true.
E) Only A and B of the above are true.
D
You might also like to view...
A decision tree is
A) a graphic device used to evaluate decisions under certainty. B) a graphic device used to evaluate decisions under uncertainty. C) a tabular device used to evaluate decisions under certainty. D) a tabular device used to evaluate decisions under uncertainty.
Milton Friedman argues that the social responsibility of business is to maximize public welfare
Indicate whether the statement is true or false