Currency Held in the Vault of First National Bank Is

question 217

Multiple Choice

Currency held in the vault of First National Bank is

• A) counted as part of M1.
• B) counted as part of M2 but not M1.
• C) only counted as part of M1 if it was deposited into a checking account.
• D) not counted as part of the money supply.

Understand the methods and theories used in psychophysics to measure sensations and perceptions.

Identify and define key concepts in sensation, such as absolute threshold, difference threshold, and the role of receptor cells.

Explain the physiological mechanisms of sensation and perception.

Describe the effects of physical properties of stimuli on sensory experiences, such as light intensity on vision and sound frequency on hearing.

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Definitions:

Net Collection Float

The time difference between when a check is deposited and when the funds are available in the firm's account, affecting available cash.

Net Disbursement Float

The time difference between when a check is issued by a company and when the funds are actually withdrawn from the company's bank account.

Outstanding Checks

Checks that have been written and recorded in the account ledger but not yet cashed or cleared by the bank.

Availability Delay

The delay between the time a deposit is made into a bank account and the time those funds become accessible.