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The Reason Why a Savings Account Is Not Considered a Component

question 40

True/False

The reason why a savings account is not considered a component of the M-1 money supply is that it bears interest.


Definitions:

Noise

Unwanted or disruptive sounds or signals that interfere with the communication or processing of information.

External Disturbances

Events or forces outside of an individual's or organization's control that can affect performance, operations, or conditions negatively.

Internal Disturbances

Disruptions or instabilities within an organization or system that affect its operation or efficiency.

Electronic Communication

The ability to transmit messages through e-mail, Skype, videoconferencing, blogs, fax, instant messaging, texting, and social networking.

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