Small-Denomination Time Deposits Are Part of M2,but Not Part of M1

question 141

True/False

Small-denomination time deposits are part of M2,but not part of M1.

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Definitions:

Token of Good Faith

An action or item provided to show sincerity and intention to engage in a deal or relationship honestly.

Scapegoat

Individual or group that becomes the target for anger and frustration caused by a different individual or group or some other set of circumstances.

Frustration-Aggression Hypothesis

A psychological theory proposing that aggression is often the result of blocking, or frustrating, a person's efforts to attain a goal.

Catharsis

The process of releasing, and thereby providing relief from, strong or repressed emotions, often through art, drama, or verbal expression.