Which money market is not created by a bank? Commercial paper Certificate of deposit Bankers acceptance...

Which money market is not created by a bank?

		Commercial paper
		Certificate of deposit
		Bankers acceptance
		Federal funds

Expert Solution

Money market is created between suppliers and short term fund demanded. Money market has maturity period less than one year.The common examples of money market includes Commercial paper, Certificate of deposit and also bankers acceptance whereas the federal funds are not created by bank in money market.

Answer: Federal funds

jeff jeffy answered 2 years ago

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