M1 Includes

question 479

Multiple Choice

M1 includes

• A) currency, checking deposits and traveler's checks.
• B) money, stocks and bonds.
• C) money, checking deposits and traveler's checks.
• D) currency, checking deposits and money market mutual funds.

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Definitions:

Rewards

Incentives or benefits given to individuals or groups as recognition for their efforts or achievements.

Satisfaction

The feeling of pleasure or fulfillment that comes from meeting or exceeding expectations.

Maslow

Referenced to Abraham Maslow, a psychologist known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs in priority.

Social Needs

The essential human requirements for interaction, belonging, and companionship, often motivating behavior within societal contexts.