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The _____ market is a market in which the demand for and supply of money determine an interest rate or opportunity cost of holding money balances.

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Answer:

Money

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The Money market is a market in which the demand for and supply of money determine an interest rate or opportunity cost of holding money balances.

What is term Money market about?

Money markets are used for short-term lending or borrowing usually the assets are held for one year or less.

Moreover, money market returns are often low but steady, while capital markets offer higher returns.

People might withdraw money from interest-bearing accounts, making the interest rate rise, if there is a shortage in the money market.

Learn more about Money market, refer to the link:

https://brainly.com/question/17078982

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