Money market mutual funds are best described as institutions that
A)
invest only in MMDAs.
B)
pool resources of many investors to purchase liquid and high-yielding securities.
C)
issued by the Treasury, commercial banks, and other corporations.
D)
combine short-term securities with long-term securities.
E)
are established by banks and other financial institutions to help depositors manage their liquid assets.
B
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Fill in the blank(s) with the appropriate word(s).
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