The Two Major Types of Money Market Instruments Available Are

question 72

Multiple Choice

The two major types of money market instruments available are

• A)credit lines and T-Bills.
• B)T-bonds and junk bonds.
• C)bankers' acceptances and commercial paper.
• D)stocks and options.

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Definitions:

Market Economy

An economic system in which production and prices are determined by unrestricted competition between privately owned businesses.

Karl Marx

A 19th-century philosopher, economist, and political theorist known for his critical analysis of capitalism and his contributions to the foundation of socialism and communism.

Communist Countries

Nations that practice communism, a political and economic ideology characterized by the collective ownership of property and the organization of labor for the common advantage of all members.

Soviet Union

The Soviet Union, officially the Union of Soviet Socialist Republics (USSR), was a socialist state in Eurasia that existed from 1922 to 1991.