Final answer:
The statement in the question is false; while money market accounts and commercial paper are short-term investment vehicles, stocks are generally considered long-term investments with no maturity date.
Step-by-step explanation:
The statement 'Money market accounts, stocks, and commercial paper are forms of short-term investment vehicles' is false. Money market accounts and commercial paper are indeed short-term investment vehicles. They are characterized by their high liquidity and short maturity periods. Money market accounts fall under M2, which includes highly liquid forms of money beyond physical cash. Commercial paper is a form of unsecured, short-term debt issued by companies to finance their operations and typically matures within a few days to weeks.
On the other hand, stocks represent ownership in a company and are generally considered long-term investments. While stocks can be bought and sold quickly, they do not have a maturity date, and their value is subject to fluctuate based on company performance and market conditions over time. Stocks are a way for businesses to raise capital, while investors may receive a return through appreciation in stock value and dividends. Hence, stocks are part of the capital market, which includes financial instruments with a maturity of more than one year.