Which Asset Is Part of M1

question 306

Multiple Choice

Which asset is part of M1+?

• A) short-term certificates of deposit
• B) shares of corporate stock
• C) currency in a bank's vault
• D) chequable bank deposits

---

Definitions:

James Marcia

A developmental psychologist known for his work on adolescent identity formation and the identity status theory.

Active Exploration

The process by which individuals, often children, actively engage with and investigate their environment to learn and acquire new knowledge.

Psychological Development

The process of emotional, cognitive, social, and personality growth that occurs throughout a human life span.

James Marcia

A psychologist known for his work on adolescent identity development, specifically for elaborating on Erikson's stages of psychosocial development with his theory of identity statuses.