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Which of the following statements is incorrect about the money market? Multiple Choice The money market accounts for about one-third of all lending and credit
Which of the following statements is incorrect about the money market? Multiple Choice The money market accounts for about one-third of all lending and credit in the U.S. The money market is an umbrella term that refers to a wide variety of short-term lending markets. The money market is relatively insignificant since the federal funds rate is not a main tool of Fed policy. The Fed wishes to influence, rather than set, the interest rates in the money markets
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