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Why do money market funds use the resources of their investors?
Money market funds use the resources of their investors to buy money-market certificates. Money-market funds generally pay a higher rate of return than savings and NOW accounts. Unlike other accounts at savings institutions, money-market fund accounts are not insured nor do they provide check-writing privileges.
They use the resources of their investors to buy certificates of deposit.
They use the resources of their investors to buy money-market accounts.
They use the resources of their investors to buy savings bonds.
They use the resources of their investors to buy money-market certificates.