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The principal differences between capital markets and money markets are that: a. capital markets deal in long-term debt and equity securities, while money markets deal
The principal differences between capital markets and money markets are that:
a. | capital markets deal in long-term debt and equity securities, while money markets deal only in short-term debt | |
b. | both markets deal in short-term debt securities; however, capital markets deal also in equity securities which have an indefinite term | |
c. | money markets deal only in short-term government debt | |
d. | money and capital markets deal in the same securities, the only difference is term |
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