Economics · Financial Markets

Which of the following is NOT a core function of the short-term money market?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Maintaining equilibrium between demand and supply of short-term funds
2Providing liquidity and short-term capital to commercial sectors
3Providing a primary market platform for discounting corporate long-term shares✓
4Assisting the central bank in implementing monetary policy

Correct answer

Providing a primary market platform for discounting corporate long-term shares

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