Table 142 Monetary Aggregates of the U Assume an Original Balance Sheet: the Total Money Supply (M1)in

question 41

Multiple Choice

Table 14.2 Monetary Aggregates of the U.S.Financial System
$\begin{array}{|l|r|}\hline\text { Item } & \text { Amount } \\\hline \text { Cash held by public } & \text { \$100billion } \\\hline\text { Transactions deposits } & \text { \$300billion } \\\hline\text { Required reserves } & \text { \$30billion } \\\hline\text { Excess reserves } & \text { \$0billion } \\\hline \text { U.S. bonds held by public } & \$ 475 \text { billion }\\\hline \end{array}$

Assume an original balance sheet: The total money supply (M1) in Table 14.2 is

• A)$100 billion.
• B)$905 billion.
• C)$400 billion.
• D)$430 billion.

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Definitions:

Unconditioned Stimulus

A stimulus that inherently and instinctively induces a reaction without the need for previous learning.

Negative Punishment

The removal of a desirable stimulus after a behavior, which decreases the likelihood of the behavior occurring again.

Positive Punishment

Adding an undesirable stimulus to decrease a behavior; for example, scolding a pet to stop it from engaging in unwanted behavior.

Frequency

The rate at which something occurs or is repeated over a particular period of time or in a given sample.