Type of market in which short term instruments are traded and purchased by economic units is classified as

A. money markets

B. capital markets

C. debt markets

D. economic markets

Answer: Option A

Solution(By Examveda Team)

Type of market in which short term instruments are traded and purchased by economic units is classified as 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. At the retail level, it includes money market mutual funds bought by individual investors and money market accounts opened by bank customers.