Which One of the Following Is NOT a Part of the M1

question 311

Multiple Choice

Which one of the following is NOT a part of the M1 definition of money?

• A) paper currency (i.e., Federal Reserve notes)
• B) coins
• C) savings accounts
• D) checkable and debitable accounts

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Definitions:

Task Efficiency

The effectiveness and speed with which a task is completed using the least amount of resources.

Work Practices

The set ways of performing work in an organization.

Ineffective Human Resources Department

A HR department that fails to implement its responsibilities efficiently, affecting employee management and organizational performance.

Unions

Organizations that represent the collective interests of workers to negotiate better terms and conditions of employment.