(Table: Money Measure Components, January 2019) Based on the Table

question 109

Multiple Choice

(Table: Money Measure Components, January 2019) Based on the table, the near monies for January 2019 amounted to

• A) $2,110.2 billion.
• B) $10,701.6 billion.
• C) $11,960.2 billion.
• D) $12,811.8 billion.

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Definitions:

Modernization Theory

A theory suggesting that societal development occurs through a series of progressive stages, typically moving from traditional to modern industrial societies.

Traditional Society

A society that is largely based on customs, traditions, and pre-modern economic activities such as agriculture.

Modern Society

A societal phase marked by advanced technology, industrialization, rationality, and complex social structures, differentiating it from earlier societies.

Cultural Diversity

The existence of a variety of cultural or ethnic groups within a society, celebrated for enriching the social fabric.