What are money market mutual ...

[Davideckstein7]

What are money market mutual funds?

Question 2

Which school calls for more information from policymakers so that people can incorporate government plans into their outlook for the future?
 a. The new classical school
  b. The new Keynesian school
  c. The traditional Keynesian school
  d. The monetarist school
  e. The classical school

[bdobbins]

Answer to Question 1

Money market mutual funds are interest-earning accounts provided by brokers who pool funds into investments such as Treasury bills. These funds are invested in short-term securities, and depositors are allowed to write checks against their accounts subject to certain limitations. They are highly liquid assets and as such are considered as near money.

Answer to Question 2

a