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Currency Held in Vaults of Depository Institutions Is Excluded from M1

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Currency held in vaults of depository institutions is excluded from M1.


Definitions:

Social Facilitation

The tendency for people to perform differently when in the presence of others than when alone, typically improving on simple tasks and performing worse on complex tasks.

Dominant Response

In social psychology, the most common or likely behavior a person displays in response to a specific stimulus or situation.

Arousal

Refers to the physiological and psychological state of being awoken or stimulated to action.

Asch

Refers to Solomon Asch, a psychologist known for his research on conformity and social pressure.

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