Near Monies

question 6

Multiple Choice

Near monies

• A) include all financial and real assets that can be easily converted into currency.
• B) are certain highly liquid financial assets that do not function directly as a medium of exchange but can be readily converted into M1.
• C) are excluded from M2 because they are highly liquid.
• D) are defined as monetary balances that are immediately available, at zero cost, for household and business transactions.

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Definitions:

Special Significance

A term indicating that something holds particular importance or value in a given context.

Sacred Meaning

The significance attributed to a thing, practice, or phenomenon considered holy, divine, or spiritually significant within a cultural or religious context.

False Consciousness

A term primarily associated with Marxist theory, referring to the way in which material, ideological, and institutional processes in capitalist society mislead the proletariat and other classes about the realities of their subjugation.

Proletariats

The working-class people who do not own the means of production and must sell their labor to survive, a term often used in Marxist theory.