The development of money market mutual funds contributed to the growth of ________ since the money market mutual funds need to hold liquid, high-quality, short-terms assets.
A. the commercial paper market
B. the municipal bond market
C. the corporate bond market
D. the junk bond market
Answer:A
The development of money market mutual funds contributed to the growth of ________ since the money market mutual funds need to hold liquid, high-quality, short-terms assets.
A. the commercial paper market B. the municipal bond market C. the corporate bond market D. the junk bond market