Which of the Below Statements Is TRUE

question 2

Multiple Choice

Which of the below statements is TRUE?

• A) "Near money" is a financial asset that is used as a medium of exchange or in settlement of transactions.
• B) In the United States, money consists of currency and a very few forms of deposits that permit check writing.
• C) "Near money" is very close to "money" in that it can be transformed into money at little cost, delay, or risk.
• D) "Faraway money", in the case of the United States, includes (i) time and savings deposits and (ii) a security issued by the U.S. government called a Treasury bill.

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Definitions:

Emotion

A complex psychological state that involves a subjective experience, physiological responses, and behavioural or expressive patterns.

Plutchik's Model

A psychoevolutionary theory of emotion proposing eight primary emotion dimensions: joy vs. sadness, anger vs. fear, trust vs. disgust, and surprise vs. anticipation.

English-Speaking People

Individuals whose primary language of communication is English, across various geographic locations.

Affiliation

A psychological and social process regarding the connection, association, or relationship between individuals or groups.