In a recent year the following amounts of money market and capital market instruments - loans and securities - were issued and outstanding in the United States. Based on the discussion in this chapter classify each of the instruments as to whether they usually qualify as (a) a money market instrument or (b) a capital market instrument. If the listed instruments represent all U. S. money and capital market instruments outstanding, what was the total dollar size of the U.S. money market? The total size of the U.S. capital market?
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