Post Utme Babcock University 2019 Economics Question 24

Practice objective / multiple choice question 24 from the 2019 Post Utme Babcock University Economics examination.

Post Utme Babcock University 2019 Economics Objective / Multiple Choice

Question 24 POST_UTME_BABCOCK_UNIVERSITY • 2019 • ECONOMICS • objective

The money market is a financial market where short-term debt securities are traded. What is the main function of the money market?

Answer Options

A. To provide long-term financing for bu\sinesses

B. To facilitate the exchange of goods and services

Correct Answer C. To provide short-term financing for bu\sinesses

D. To manage a country's foreign exchange reserves

Correct Answer

Correct Option:

To provide short-term financing for bu\sinesses

About This Question

This is Post Utme Babcock University 2019 Economics Question 24. It is one of the objective questions from the 2019 Post Utme Babcock University Economics examination.

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