| Money and Capital Markets: Financial Institutions and Instruments in a Global Marketplace, 8/e Peter Rose,
Texas A & M University
Introduction to the Money Market
Standard & Poor's QuestionsChapter 10 in Money and Capital Markets: Introduction to the Money Market
Question 1
The financial-service firms in the Market Insight list include commercial banks, thrift institutions, security broker/dealers, finance companies, and insurance firms with varying product lines. However, each of these firms is heavily dependent upon the U.S. money market and many of them, on the global money market. Why is this so?
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