answersLogoWhite

0

The money market is used for one to invest money to make more money. The money market is what helps the economy to grow and prosper by one being interested to invest one's income.

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

What is a money market used for?

The money market is used to: transfer large amounts of money; determine short term interest rates; allow governments to raise funds; and help to implement monetary policy.


What is the market rate of interest formula used to calculate the cost of borrowing money?

The market rate of interest formula used to calculate the cost of borrowing money is: Market Rate of Interest Risk-Free Rate Risk Premium.


Who are the capital market and money market operators?

who are the operators of money market and capital market


What are the cnstituuansof money market?

What are the cnstituuansof money market


Is dealer commercial paper money market or capital market?

Money Market


Money pooled from small investors and used to purchase government or corporate bonds?

Money Market Mutual Fund.


How black money stored?

Black money is something used in India. It is what money that is earned on the black market is called. This money is often stored in Swiss banks.


Can money market accounts be used for savings?

Yes, money Market Accounts have often been used for savings. In recent years, they have been paying virtually no interest, so other forms of savings may be more advantageous.


Where can one compare money market accounts?

A Money Market Account is a financial account that pays interest based on current interest rates in the money markets. Money Supermarket, Nationwide, Bank Rate and Bank of America can all be used to compare accounts.


Components of money market?

1. call money market 2. acceptance market 3. bill market 4. collateral loan market


The most used instrument for controlling week to week changes in the money supply is?

Open market operations is the most used instrument for controlling changes in the money supply.


Shortage of liquidity in money market?

is the drain of excess liquidity from the money market