金融市场与机构 (9).docVIP

PAGE 122Mishkin/Eakins?Financial Markets and Institutions, Fifth Edition Chapter 9The Money Markets PAGE 123 Chapter 9The Money Markets ?Multiple Choice Questions 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). Answer: C 2. Money market securities have all the following characteristics except they are not (a) short term. (b) money. (c) low risk. (d) very liquid. Answer: B 3. Money market instrume