Q193
In money markets, excess supply of funds from agents is for
A.
past terms
B.
future terms
C.
long term
D.
short term
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
In money markets, excess supply of funds from agents is for short term. The money market is the trade in short-term debt investments. At the wholesale level, it involves large-volume trades between institutions and traders. At the retail level, it includes money market mutual funds bought by individual investors and money market accounts opened by bank customers.