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Which of the Following Is NOT Included in the M3

question 29

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Which of the following is NOT included in the M3 definition of money?


Definitions:

Validity

Validity refers to the degree to which a test or measurement accurately reflects or assesses the intended specific concept or attribute.

Reliability

The extent to which a measurement is free from random error.

Acceptability

The degree to which a concept, action, or thing is regarded as suitable or satisfactory by a group or society.

Specificity

The degree to which something is precise, detailed, or strictly defined.

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