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Correctly Complete the Following Statements from the Options Below

question 67

Short Answer

Correctly complete the following statements from the options below.
(a) M1 is defined as:
(b) Broad money is defined as:
(c) M3 is defined as:

(i) cash in circulation and bank deposits.
(ii) cash in circulation, bank deposits and net borrowing from the private sector by NFBIs.
(iii) cash in circulation and current deposits with banks.


Definitions:

Pessimistic Explanatory Style

The inclination to ascribe adverse occurrences to constant, inherent, and widespread factors.

Type A Personality

A personality type characterized by high levels of competitiveness, self-drive, impatience, and a constant sense of urgency.

Optimism

An inclination to maintain a hopeful and positive attitude towards the future or the successful outcome of an event.

Rumination

The act of continuously thinking about the same thoughts, often negative, which can impede problem-solving and emotional recovery.

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