1-Concisely explain the difference between a market order and a limit order.
2-The one-year real rate of interest is currently estimated to be 3 percent. The current annual rate of inflation is 2 percent, and market forecasts expect the annual rate of inflation to be 5 percent. Approximately, what is the current one-year nominal rate of interest?
3 Given the economic role of the money market, concisely explain the importance of the typical characteristics of money market securities.