Economists Who Stress the Store of Value Function of Money

question 107

Multiple Choice

Economists who stress the store of value function of money generally

• A) argue that M1 is the best measure of the money supply.
• B) prefer the M2 measure of the money supply to the M1 measure.
• C) argue that M1 is too broad a definition of the money supply.
• D) prefer the M1 measure of the money supply to the M2 measure.

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Definitions:

Escape Self-Awareness

A psychological state or strategy where individuals deflect attention away from themselves to avoid distressing self-reflection or evaluation.

Misattribution of Arousal

A psychological phenomenon where an individual incorrectly attributes their emotional or physiological arousal to the wrong cause.

Sightseeing

The activity of visiting places of interest in a particular location, often done by tourists to explore and enjoy cultural, historical, or natural attractions.

Slip Off

The act of something becoming detached or moving out of place unintentionally, often resulting in a fall or decrease in position.