Which of the Following Is False

question 64

Multiple Choice

Which of the following is false?

• A)Whenever excess reserves appear, banks will convert the non-interest earning reserves into other interest-earning assets.
• B)Credit cards are not included in any measures of the money supply.
• C)Paper currency is the only form of legal tender.
• D)Economists are not completely in agreement on what constitutes money for all purposes.
• E)M1 does not include savings accounts.

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Definitions:

Implicit Theory

Implicit theory relates to the assumptions or beliefs that individuals hold about how the world works or how certain characteristics affect human behavior, often without conscious awareness.

Leadership Perception

How followers, team members, or colleagues view or interpret the attributes, behaviors, and effectiveness of a leader.

Frame Vision

The ability to conceptualize and communicate a compelling view or perspective that orients and inspires others towards a common goal.

Transformational Leaders

Leaders who inspire and motivate followers to achieve extraordinary outcomes and in the process develop their own leadership capacity.