Which of the Following Statements Best Describes Financial Markets

question 51

Multiple Choice

Which of the following statements best describes financial markets?

• A)Rates of return on T-bills are the highest among all major financial securities.
• B)Money market mutual funds are illiquid.
• C)Money markets are markets for long-term debt and common stocks.
• D)Euro-Canadian market time deposits are instruments issued by banks outside Canada.

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