Table 16-1 -Refer to Table 16-1

question 176

Multiple Choice

Table 16-1. The information in the table pertains to an imaginary economy. $\begin{array}{|l|l|}\hline \text { Type of Money } & \text { Amount } \\\hline \text { Large time deposits } & \$ 80 \text { billion } \\\hline \text { Small time deposits } & \$ 75 \text { billion } \\\hline \text { Demand deposits } & \$ 75 \text { billion } \\\hline \text { Other checkable deposits } & \$ 40 \text { billion } \\\hline \text { Savings deposits } & \$ 10 \text { billion } \\\hline \text { Traveler's checks } & \$ 1 \text { billion } \\\hline \text { Money market mutual funds } & \$ 15 \text { billion } \\\hline \text { Currency } & \$ 110 \text { billion } \\\hline \text { Credit card balances } & \$ 10 \text { billion } \\\hline \text { Miscellaneous categories of M2 } & \$ 25 \text { billion } \\\hline\end{array}$

-Refer to Table 16-1. What is the M2 money supply?

• A)$125 billion
• B)$296 billion
• C)$351 billion
• D)$431 billion

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Definitions:

Physical Intensity

Physical intensity refers to the magnitude or force of physical actions, often measured in terms of energy or effort exerted.

Weber Fraction

A constant proportion in Weber's Law that describes the smallest change in a stimulus that can be detected as a proportional part of the original stimulus.

Psychological Magnitude

The quantifiable aspect of a psychological factor, such as the intensity of a sensation, emotion, or perception.

Standard Stimulus

A stimulus used as a benchmark in experiments to measure how different stimuli can influence behavior or perception compared to this control stimulus.