1. 

   Student_1985 Member

   Are short term government bonds money market instruments or close substitutes (as the flash cards seem to suggest)?

    

   Student_1985, Apr 7, 2009

   #1
2. 

   jac398 Member

   I would take them to be substitute goods

    

   jac398, Apr 7, 2009

   #2
3. 

   phantom Member

   i don't think the answer could be black and white. but i would go with Jac, i.e. substitute goods.
   
   (BTW i would refer to very short term bonds as MMI)

    

   phantom, Apr 7, 2009

   #3

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