1. All of the following are correct statements about the Fed Funds market, as compared to the repo 8/8 hours market, except one. Which one is FALSE? C Repo markets can function as a channel for inter-corporate borrowing and lending, but the Fed Funds market cannot O Both Fed Funds and repo provide mechanisms for flow of funds between banks O Repo markets are accessible to a wider class of economic agents O Dealers are more important than brokers because their balance sheets are monitored by the Fed O Repo dealers make markets in securities as well as markets for money