Money Market Instruments

question 69

Multiple Choice

Money market instruments:

• A)tend to be illiquid.
• B)are generally sold in small denominations.
• C)cannot be resold.
• D)may be sold on a discount basis.
• E)are quoted in terms of a spread.

---

Definitions:

Mental Age

A measure of an individual's cognitive ability compared to the average cognitive ability for their age group.

Intellectually Impaired

A term referring to individuals who face challenges in cognitive functioning and adaptive behaviors, affecting their learning and problem-solving skills.

Factor Analysis

A statistical technique that explains the variation among observed, related variables through fewer, unseen variables known as factors.

Covariance

A measure of how two variables change together, indicating the direction of their linear relationship.