M1 Is Equal to Currency Plus

question 232

Multiple Choice

M1 is equal to currency plus:

• A) checkable deposits.
• B) total reserves held at the Federal Reserve.
• C) savings deposits.
• D) small-time deposits.

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Definitions:

Childhood Repression

A defense mechanism identified by psychoanalytic theory, where unpleasant childhood memories are unconsciously blocked out as a protective measure.

Aversive Conditioning

A form of behavior modification that involves using unpleasant stimuli to discourage undesirable behaviors.

Desensitizing

The process of reducing sensitivity or responsiveness to an external stimulus, often used as a therapeutic technique.

Systematic Desensitization

A behavioral therapy method used to reduce phobias, anxiety, and fears through gradual exposure to the feared object or situation.