Which statement about money market instruments is true?
A) They are very risky.
B) They are difficult to convert into cash.
C) They are extremely safe.
D) They generally have higher returns than other securities.
E) They are issued by governments and corporations.

Question

Quizplus · Accepted Answer

Money market instruments are considered extremely safe because they are short-term, highly liquid, and typically issued by entities with high credit ratings.

Which Statement About Money Market Instruments Is True