Jonathan Wynn Knows That If He Wanted to Purchase a Treasury

question 70

Multiple Choice

Jonathan Wynn knows that if he wanted to purchase a Treasury Bill,the minimum amount he would spend would be close to $10,000.He also knows that he could deposit $1,000 in a money market deposit account at a bank and earn about the same rate of interest.Jonathan does not have $10,000 to invest in a Treasury Bill.If Jonathan puts his money in the bank,which service that a bank can provide,is he taking advantage of?

• A)Risky arbitrage services
• B)Liquidity services
• C)Delegated monitoring services
• D)Divisibility of money services
• E)Credit services

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Definitions:

Choices

The act of making a decision or selection among different options or possibilities in various contexts.

Hypothetical Imperative

A command of reason that applies conditionally, suggesting an action to achieve a specific end, as opposed to a categorical imperative which is unconditional.

Humanity

The collective human race or the qualities, such as compassion and kindness, that are considered characteristic of humans.

Moral Law

The principles concerning the distinction between right and wrong behavior, often considered as inherent to human nature or divine command.