Economics waec 2013

Which of the following is involved in the money market?

a

Building society

b

Development banks

c

Commercial banks

d

Stock exchange

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Explanation

Correct Option
c

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lekasville
10 years ago

Here is an explanation:

Answer's COMMERCIAL BANK,reason is because STOCK EXCHANGE (also known as capital market)deals with stocks,bonds,debentures and other securities/long term investments

Myschool Kelly
10 years ago

Thanks for your contribution. Correction has been made.

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