Question

a financial market in which only short - term debt instruments are traded is called the ______ market.
stock
money
capital
bond

Explanation:

To solve this, we analyze each option:

• Stock market: Trades stocks (equity), not short - term debt. Eliminate.
• Money market: Defined as the market for short - term debt instruments (maturity ≤ 1 year). Matches the description.
• Capital market: Trades long - term debt or equity. Eliminate.
• Bond market: A part of capital market (long - term debt). Eliminate.

Answer:

B. money