Explain how the following participate in the money market: a. Commercial banks and savings associations b. Governments
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Explain how the following participate in the money market:
a. Commercial banks and savings associations
b. Governments and government- sponsored enterprises (GSEs)
c. The Federal Reserve
d. Corporations and fi nance companies
e. Pension funds and insurance companies
f. Brokers and dealers g. Money market mutual funds and individuals
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Related Book For 
An Introduction To Financial Markets And Institutions
ISBN: 978-0765622761
2nd Edition
Authors: Maureen Burton ,Reynold F. Nesiba ,Bruce Brown
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