In terms of dollar amounts,which of the following represents the single most important debt instrument bought and sold in the money market?
A)U.S.Treasury bills
B)commercial paper
C)negotiable certificates of deposit
D)Eurodollar time deposits

Question

Quizplus · Accepted Answer

U.S. Treasury bills are the most important debt instrument bought and sold in the money market in terms of dollar amounts. They are issued by the U.S. government and are considered to be very safe investments, making them popular among investors seeking a low-risk option. The government also issues large amounts of Treasury bills to finance its own operations, contributing to their significant presence in the money market.

In Terms of Dollar Amounts,which of the Following Represents the Single