The money market is the market in which ____________are traded.

A. new issues of securities
B. previously issued securities
C. short-term debt instruments
D. long-term debts and equity instruments

What are the characteristics of money markets?

A. They are usually sold in large denominations.
B. They have low default risk.
C. They mature in one year or less from their original issue date.Most money market instruments mature in less than 120 days.
D. All of the above.

Eurodollars 中文意思为：

A. 欧元
B. 美元
C. 欧洲美元
D. 澳元

______________ are the most liquid of all the money market instruments because they have an active secondary market and relatively short term to maturity.

A. Federal funds
B. Treasury bills
Commerical paper
D. Banker's acceptance

Banker's Acceptance 中文意思为：