The Main Distinction Between M2 and M2+ Is That M2

question 82

Multiple Choice

The main distinction between M2 and M2+ is that M2+ also includes

• A)deposits at trust companies,caisses populaires and foreign-currency accounts.
• B)coins in circulation.
• C)money market mutual funds held by the Bank of Canada.
• D)paper currency.
• E)deposits at financial institutions other than the chartered banks.

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Definitions:

Heredity

The transmission of physical or mental traits from one generation to the next through genetics.

Environment

The surroundings or conditions in which a person, animal, or plant lives or operates, encompassing both natural and built contexts.

Reinforcer

Any stimulus which strengthens or increases the probability of a specific response or behavior.

Primary Reinforcers

Innate reinforcing qualities, such as food and water, that satisfy biological needs and do not require learning to become effective.