Explanation:

• A. Correct: Money markets are where debt instruments with maturities of one year or less are traded. Common instruments include repurchase agreements, negotiable certificates of deposit, and government bills.

• B. Incorrect: Capital markets deal with longer-duration instruments such as bonds and equities, whereas government bills are short-term debt instruments.

• C. Incorrect: Alternative investments encompass funds, private equities (including venture capital), commodities, real estate securities, securitized debts, and other non-traditional assets, none of which include government bills.