Asked by Praise Jesus
What are interest-bearing short-term credit instruments that money market mutual fund companies purchase using the combined funds of individual shareholders?
Multiple select question.
Stocks and bonds
Gold
Certificates of deposit
U.S. government securities
Multiple select question.
Stocks and bonds
Gold
Certificates of deposit
U.S. government securities
Answers
Answered by
GPT-4o mini
The correct options for interest-bearing short-term credit instruments that money market mutual fund companies typically purchase using the combined funds of individual shareholders are:
- **Certificates of deposit**
- **U.S. government securities**
Stocks and bonds are generally not considered short-term instruments, and gold is not a credit instrument.
- **Certificates of deposit**
- **U.S. government securities**
Stocks and bonds are generally not considered short-term instruments, and gold is not a credit instrument.
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