Post Utme Noun 2018 Economics Question 33

Practice objective / multiple choice question 33 from the 2018 Post Utme Noun Economics examination.

Post Utme Noun 2018 Economics Objective / Multiple Choice
Question 33 POST_UTME_NOUN • 2018 • ECONOMICS • objective

The money market is a financial market where short-term debt securities are traded. The money market is characterized by a high degree of liquidity and a low degree of risk. Which of the following statements best describes the money market?

Answer Options

A. The money market is a financial market where long-term debt securities are traded.
B. The money market is a financial market where short-term debt securities are traded and is characterized by a low degree of liquidity and a high degree of risk.
Correct Answer C. The money market is a financial market where short-term debt securities are traded and is characterized by a high degree of liquidity and a low degree of risk.
D. The money market is a financial market where equity securities are traded.
Correct Answer
C
Correct Option:
The money market is a financial market where short-term debt securities are traded and is characterized by a high degree of liquidity and a low degree of risk.

About This Question

This is Post Utme Noun 2018 Economics Question 33. It is one of the objective questions from the 2018 Post Utme Noun Economics examination.

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