Question
18) Which one of the following parties is the largest class of participants in the money market? A. Commercial banks B. The Federal Reserve System
18) Which one of the following parties is the largest class of participants in the money market?
| A. | Commercial banks | |
| B. | The Federal Reserve System | |
| C. | The US Treasury | |
| D. | Large corporation |
19) If the state of Michigan plans to build a new toll road, which of the following bonds can be used to raise money?
| A. | General obligation bond | |
| B. | Revenue bond | |
| C. | TIPS | |
| D. | STRIP |
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Financial Management Theory And Practice
Authors: Prasanna Chandra
10th Edition
9353166527, 978-9353166526
