Scenario 16-1 Currency $1,000

question 51

Multiple Choice

Scenario 16-1
Currency $1,000
Checking Account Balances 2,000
Savings Account Balances 5,000
Small-Denomination Time Deposits 6,000
Noninstitutional Money Market Fund Shares 7,000
Consider the information above for a simple economy. Assume there are no traveler's checks.
-Refer to Scenario 16-1.M1 in this simple economy equals

• A) $1,000.
• B) $2,000.
• C) $3,000.
• D) $8,000.

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Definitions:

Perspiration

The process of sweating, through which the body releases excess heat and water.

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A process in genetics where bacterial DNA is transferred from one bacterium to another by a virus.

Continuous Column

In structural engineering, refers to a vertical structural element that extends uninterrupted from one floor level to another.

Atmospheric Pressure

The force exerted onto a surface by the weight of the air above that surface in the atmosphere of Earth.