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Example of a long term financial
instrument A U.S. Treasury bond
Money markets securities are usually
more widely traded than longer-term
securities and so trend to be more
liquid TRUE
depository institutions i.e. - saving
and loan association
- commercial bank
- credit union
A mutual fund(investment
intermediaries) is not a depository
institution TRUE
Loanable funds theory a theory of
interest rate determination that
views equilibrium interest rates in
financial markets as a result of the
supply and demand for loanable
funds