Q260
The financial market for short term funds is known as __________.
A.
capital market
B.
money market
AnswerC.
bullion market
D.
share market
Answer: Option B
Solution
Answer: Option B
Solution:
The financial market for short term funds is known as money market. Money market trades in short-term financial instruments commonly called "paper". This contrasts with the capital market for longer-term funding, which is supplied by bonds and equity.