Briefly discuss the distinction between capital markets and money markets. In your discussion, clearly point out which of the two is commonly used by governments in raising finance aimed at funding capital projects like road infrastructure. Identify any two entity forms, and briefly discuss their legal liability.

Answer rating: 100% (QA)

The money market and the capital market are not single institutions but two broad components of the global financial system The money market is the trade in shortterm debt It is a constant flow of cas... View the full answer