Most of the Collapse in M2 Growth During the Early

question 29

Multiple Choice

Most of the collapse in M2 growth during the early 1990s can be explained by

• A)high inflation rates.
• B)the drop in the amount of small time deposits.
• C)a movement out of currency and into checking account deposits.
• D)a movement out of checking account deposits and into currency.

---

Definitions:

Moral Development

The pattern of change in moral behaviour with age.

Reminiscing

The act of recalling and sharing memories, often fondly, from the past.

Presbyopia

Loss of elasticity of the lens and thus loss of ability to see close objects as a result of the aging process.

Lens Flexibility

The ability of the eye's lens to change shape to focus on objects at various distances, decreasing with age.