The Money Supply Is the Total Amount of Checkable Deposits

question 169

True/False

The money supply is the total amount of checkable deposits in the economy.

---

Definitions:

Psychologist

A professional specializing in the study of the mind and behavior, often providing therapy and counseling services.

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired: a response which is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.

UCS

An acronym standing for Unconditioned Stimulus, a stimulus that naturally and automatically triggers a response without needing to be learned.

CS

In IT, stands for Computer Science, which is the study of computers and computational systems including their theory, design, development, and application.