Money market instruments Which of the following accurately explains why the Federal Reserve established a price floor in the federal funds market? O To minimize systemic risk O To minimize default risk O To guarantee that all borrowers and lenders in the federal funds market have reserves on deposit at the Fed O To guarantee that interest rates do not fall so low as to cause deflation Short-term, unsecured debt, which matures in less than 270 days, issued by established corporations is called _________, ________ are large CDs sold in lots of $1 million each with interest rates determined by negotiations between banks and their depositors. ______________ are bank accounts denominated in a currency other than the currency of the country in which the depository institution resides.