____ markets deal in short-term securities having maturities of one year or less.

A) Credit
B) Money
C) Capital
D) a and b only

Short-Term Securities

Financial instruments, such as Treasury bills or commercial paper, that have maturities of one year or less.

Money Markets

Financial markets where short-term debt instruments, typically with maturities of one year or less, are traded.

Maturities

The dates on which the principal amounts of financial instruments or securities are due to be paid back.