The correct answer is A. money market securities.
Money market securities are short-term debt instruments that mature in less than one year. They are typically used by businesses and governments to raise short-term cash. Money market securities include Treasury bills, commercial paper, and certificates of deposit.
Capital market securities are long-term debt instruments that mature in more than one year. They are typically used by businesses and governments to raise long-term capital. Capital market securities include corporate bonds, government bonds, and mortgage-backed securities.
Saving intermediaries are financial institutions that help people save money. They include banks, credit unions, and savings and loan associations.
Discounted intermediaries are financial institutions that provide loans to businesses and consumers. They include commercial banks, savings and loan associations, and credit unions.
Money market securities are considered to be less risky than capital market securities because they have a shorter maturity. They are also considered to be more liquid than capital market securities because they can be easily bought and sold in the secondary market.