QUESTION 15 Money market instruments are debt instruments with maturities of less than QUESTION 16 A financial intermediary that does business by underwriting security issues is called a(n) QUESTION 17 are bonds denominated in a currency other than that of the country in which they are sold. QUESTION 18 Financial intermediaries can substantially reduce transaction cost because their large size allows them to take advantage of the economies of QUESTION 19 When one party to a contract has incentives to act in its own interest rather than the interest of the other party, then a(n) exists. QUESTION 20 Financial is a widespread collapse of financial intermediaries