One of the Debatable Assumptions on Which the ATM Model

question 9

Multiple Choice

One of the debatable assumptions on which the ATM model for the demand for cash is based on is that

• A)money supply is constant.
• B)individuals spend the same amount of money every day.
• C)the ongoing rate of inflation is always greater than 10%.
• D)cash held in banks do not attract interest.

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Definitions:

Behavior Modification

The use of empirically demonstrated behavior change techniques to improve behavior, such as altering an individual's behaviors and reactions to stimuli.

Culturally Sensitive Therapy

An approach to therapy in which knowledge of clients’ cultural backgrounds guides the choice of therapeutic interventions.

Psychotherapy

A therapeutic treatment involving psychological techniques to help individuals understand and overcome psychological and emotional issues.

Self-help Groups

Peer-led support groups for individuals facing similar issues, challenges, or conditions, providing mutual aid and encouragement.