The correct answer is: B. money markets.
Money markets are markets for short-term debt instruments, typically with maturities of less than one year. They are characterized by high liquidity and low risk. Money markets are used by businesses and governments to raise short-term funds, and by investors to earn a return on their money.
Capital markets are markets for long-term debt and equity instruments, typically with maturities of more than one year. They are characterized by lower liquidity and higher risk than money markets. Capital markets are used by businesses and governments to raise long-term funds, and by investors to earn a return on their money.
Liquid markets are markets where assets can be bought and sold easily and quickly. Liquid markets are characterized by high trading volume and low spreads between the bid and ask prices.
Short-term markets are markets for assets with short maturities. Short-term markets are characterized by low risk and high liquidity.
In conclusion, the correct answer is: B. money markets. Money markets are markets for short-term debt instruments, typically with maturities of less than one year. They are characterized by high liquidity and low risk.