Which of the following statements about the money markets are true?
A.
Not all commercial banks deal for their customers in the secondary market.
B.
Money markets are used extensively by businesses both to warehouse surplus funds and to raise short-term funds.
C.
The single most influential participant in the U.S. money market is the U.S. Treasury Department.
D.
All of the above are true.
E.
Only A and B of the above are true.