Refer to the Following Table to Answer the Following Questions

question 128

Multiple Choice

Refer to the following table to answer the following questions:
-Traveler's checks are

• A) included in M1 but not M2.
• B) considered a savings deposit.
• C) not money.
• D) part of M1 and M2.
• E) considered a checkable deposit.

---

Definitions:

Scarce Resources

Limited materials, finances, or other assets that are insufficient to meet the demands placed upon them.

Not Substitutable

Describing a unique resource or asset that cannot be replaced with another because it does not have an equivalent.

Organizational Effectiveness

The degree to which an organization achieves its goals and objectives through the efficient use of resources within a given context.

High Machs

Individuals characterized by a Machiavellian personality, often exhibiting manipulation and a strong focus on self-interest.