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1, Money market mutual funds (MMMFs) have caused disintermediation at banks. This is because MMMFs A) Offer guaranteed rates of return B) Allow investors access

1, Money market mutual funds (MMMFs) have caused disintermediation at banks. This is because MMMFs

A) Offer guaranteed rates of return

B) Allow investors access to higher interest rate money market securities with a relatively small capital investment

C) Are less risky than bank deposits

D) Are now federally insured, like bank deposits

E) None of the above

2 .Money market mutual funds gained popularity during the 1970s primarily because

A) interest rates paid by banks were constrained by regulation

B) they became FDIC insured

C) of the Vietnam War

D) the stock market was excessively volatile

E) U.S. T-Bills were first offered

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