Which of the Following Is Not a Part of M1

question 122

Multiple Choice

Which of the following is not a part of M1?

• A) Cash in the hands of the public.
• B) Demand deposits.
• C) Traveler's checks.
• D) Money market mutual fund (MMMF)balances.
• E) Corporate stocks.

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Definitions:

Reinforcement Theory

A psychological concept suggesting that behavior can be shaped by rewarding or punishing outcomes.

Law of Effect

A principle in psychology that behaviors followed by positive outcomes are likely to be repeated, while those followed by negative outcomes are not.

Premise

A premise is a previous statement or proposition from which another is inferred or follows as a conclusion.

Self-efficacy Theory

A psychological theory asserting that an individual’s belief in their own ability to succeed influences their motivation and performance in various settings.