Short-term loans for investment are usually obtained through the

Assessment: JAMB UTME - Economics - 2014 Subject: Economics

Question 1 Report

Short-term loans for investment are usually obtained through the
Answer Details
Short-term loans for investment can be obtained through the money market. The money market is a financial market where short-term borrowing and lending takes place, usually for a period of less than one year. In the money market, individuals and institutions can lend or borrow funds in the form of certificates of deposit, Treasury bills, commercial paper, and other similar instruments. These instruments are typically considered low-risk and are used as a source of short-term financing for businesses, governments, and other entities.

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