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Figure 1.1
Identify the levels of organization in the figure above.
-Label A: ______________________________
Money Markets
Financial markets for short-term borrowing and lending, typically dealing with assets that mature in less than one year.
Trillions
A numerical value representing one thousand billion, or 10^12, used in the context of large sums, such as government budgets or the global economy.
Brokers' Call Rate
The interest rate charged by banks to brokers for the money borrowed to fund their clients' margin accounts.
Margin Account
Margin Account is a brokerage account which allows investors to borrow money to buy securities, using the purchased securities as collateral for the loan.
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