Which of the following is not a function of the money market?

Economics

JAMB 2017

A. Provision of finance
B. enhance loan savings
C. creation of long term loans
D. Provision of finance

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Correct Answer: Option C

Explanation

A money market can be defined as a market for short-term loans. The market consists of institutions or individuals who either have money to lend or wish to borrow on a short-term basis.

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Which of the following is not a function of the money market?

Correct Answer: Option C

Explanation

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