Near Money Includes

question 94

Multiple Choice

Near money includes:

• A) some of M2 and some of M1.
• B) some of M2 but none of M1.
• C) only the money in M3 that is no longer collected.
• D) hard assets such as land.

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Definitions:

Social Security

A government program that provides financial assistance to people with inadequate or no income, especially the elderly, disabled, and families with dependent children.

Middle-aged

The period of life typically ranging from about 45 to 65 years old, marked by transitions in health, social identity, and often career or family roles.

Family Care

Support and maintenance provided to family members, especially those who are elderly, ill, or disabled, by relatives.

Siblings

Brothers or sisters who share one or both parents in common.