The Money Market Contributes to the Banking System By

question 77

Multiple Choice

The money market contributes to the banking system by:

• A)being the main location for its liquid reserves, such as loans to the interbank overnight market
• B)allowing the RBA to drop its requirement that banks hold liquid reserves with it
• C)being a source of funds for banks, mainly through NCDs
• D)enabling banks that accept bills to sell them to investors.
• E)All of these.

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Definitions:

Animal Fertilization

The process by which sperm from a male and ovum from a female combine to form a zygote, leading to the development of a new organism.

Monocot

Flowering plant in which the embryo has one cotyledon.

Seed Leaf

Seed leaf, or cotyledon, is the first leaf or one of the first pair of leaves that develop from the embryo of a seed.

Megaspores

Female spores that develop into female gametophytes in plants.