Which of the Following Does NOT Belong to M1

question 8

Multiple Choice

Which of the following does NOT belong to M1?

• A)Currency held by nonbank businesses.
• B)Currency held by households.
• C)Bank current accounts held by the private nonbank sector.
• D)Bank saving accounts held by the private nonbank sector.

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Definitions:

Intentional Infliction

A tort in civil law where an individual acts with intent to cause emotional distress to another person through outrageous or extreme conduct.

Emotional Distress

Psychological suffering or trauma that can result from an experience caused by the negligence or intentional actions of others.

Intent

Intent refers to the purpose or determination with which an individual acts, which is often a key factor in determining the legal consequences of an action.

Tort Law

An area of law that deals with civil wrongs, not arising from contractual obligations, for which the injured party may receive compensation.