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Which one of the following statements expresses the difference between the capital market and the money market?
The capital market refers to the treasury market and the money market refers to the short-term market.
The capital market involves long-term financial instruments, and the money market involves short-term financial instruments.
The capital market refers to the preference share market and the money market refers to the short-term market.
The capital market refers to the short-term market and the money market refers to the long-term market.
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