Which of the following statements about the money

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8) Which of the following statements about the money markets are true? A) Most money market securities do not pay interest. Instead the investor pays less for the security than it will be worth when it matures. B) Pension funds invest a portion of their assets in the money market to have sufficient liquidity to meet their obligations. C) Unlike most participants in the money market, the U.S. Treasury Department is always a demander of money market funds and never a supplier. D) All of the above are true. E) Only (A) and (B) of the above are true. Answer: D 110
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9) Which of the following are true statements about participants in the money markets? 10) The most influential participant(s) in the U.S. money market 11) The primary function of large diversified brokerage firms in the money market is to 12) Finance companies raise funds in the money market by selling A) commercial paper. B) federal funds. C) negotiable certificates of deposit. D) Eurodollars. Answer: A 13) Finance companies play a unique role in money markets by 111 14) When inflation rose in the late 1970s,
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