Which of the Following Is Not True About M1

question 98

Multiple Choice

Which of the following is not true about M1?

• A)It includes the most liquid forms of money.
• B)It is the narrowest definition of the money supply.
• C)Savings accounts makes up approximately one-third of it.
• D)Currency in circulation makes up approximately half of it.

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Definitions:

Principle of Multifinality

The concept that similar early experiences can lead to different outcomes in individuals.

Biological Predisposition

The genetic or inherited tendency of an individual to exhibit certain behaviors, traits, or to develop certain conditions.

Abnormality

A deviation from the norm that may signify a mental, physical, or emotional disorder.

Paradigms

distinct sets of concepts or thought patterns, including theories, research methods, postulates, and standards for what constitutes legitimate contributions to a field.