Which of the Following Is Not Included in M1

question 16

Multiple Choice

Which of the following is not included in M1?

• A)Currency
• B)Demand deposits
• C)Savings deposits
• D)Traveler's checks

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Definitions:

Charisma

A personal quality of compelling attractiveness or charm that can inspire devotion in others, often seen as an important factor in leadership.

Transformational Leadership

A leadership style that inspires and motivates followers to exceed their own interests for the good of the group or organization.

Elitist

Pertaining to or reflective of the belief that a society or system should be led by an elite group of individuals.

Anti-democratic

Referring to principles, actions, or ideologies that oppose democracy, which is a system of government where power is vested in the hands of the people, often through elected representatives.