The distinguishing characteristic between the money market and the capital market lies in whether the...
ECONOMICS
JAMB 2003
The distinguishing characteristic between the money market and the capital market lies in whether the
- A. securities are primary or secondary
- B. debt instruments provided are long-term or short-term
- C. funds mobilized are private or public
- D. securities are in debentures or ordinary shares
Correct Answer: B. debt instruments provided are long-term or short-term
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