What distinguishes the money market from the capital market?
The money market deals with instruments valued at $1 million or less, whereas the capital market deals with larger instruments.
The money market deals with short-term instruments, whereas the capital market deals with long-term instruments.
The money market deals with stocks, whereas the capital market deal with bonds.
The money market deals with cash instruments, whereas the capital market deals with real assets. None of these statements is correct.