M2 Consists Of

question 21

Multiple Choice

M2 consists of:

• A)M1 plus savings accounts,small time deposits,money market mutual funds,and miscellaneous near-monies.
• B)coins,currency,and checkable deposits only.
• C)only near-monies.
• D)M1 plus time deposits only.
• E)M1 plus money market mutual funds only.

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Definitions:

Need for Achievement

A psychological trait that drives individuals to achieve goals and excel in their endeavors.

Desire to Excel

The strong motivation or ambition to surpass others or oneself in performance or achievement.

Acquired Needs Theory

A motivational theory that categorizes an individual's specific needs into three categories: achievement, affiliation, and power.

Need for Achievement

The motivation to excel, to achieve in relation to a set of standards, or to be successful in competitive situations.