第七章 货币市场(.docVIP

Chapter 7 The Money Markets 7.1 Multiple Choice 1) Activity in money markets increased significantly in the late 1970s and early 1980s because of A) rising short-term interest rates. B) regulations that limited what banks could pay for deposits. C) both A and B. D) neither (a) nor (b). 2) Money market securities have all the following characteristics except they are not A) short term. B) money. C) low risk. D) very liquid. 3) Money market instruments A) are usually sold in large denominations. B) have low default risk. C) mature in one year or less. D) are ch