Examveda

Federal reserve, money market brokers and dealers, mutual funds and US treasury are all participants of

A. liquid markets

B. money markets

C. transaction markets

D. functional markets

Answer: Option B

Solution (By Examveda Team)

Federal reserve, money market brokers and dealers, mutual funds and US treasury are all participants of money markets. The money market is the trade in short-term debt investments. At the wholesale level, it involves large-volume trades between institutions and traders.

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