Money-market mutual funds (MMMF) pool money from large numbers of investors and use it to buy short-term investments, such as T-Bills and commercial __________.
A. blocks
B. contracts
C. paper
D. stock
Answer:C
Money-market mutual funds (MMMF) pool money from large numbers of investors and use it to buy short-term investments, such as T-Bills and commercial __________.
A. blocks B. contracts C. paper D. stock