Which One of the Following Is True

question 432

Multiple Choice

Which one of the following is true?

• A) Transaction deposits are counted in M2 but are not included in M1.
• B) Most of the U.S. currency in existence circulates outside U.S. borders.
• C) Traveler's checks are not considered to be money because they are not valid unless signed.
• D) Balances in money market deposit accounts are counted in M1 but are not included in M2.

---

Definitions:

Voluntary Turnover

Turnover initiated by employees (often when the organization would prefer to keep them).

Role Ambiguity

Uncertainty about what the organization expects from the employee in terms of what to do or how to do it.

Involuntary Turnover

Turnover initiated by an employer (often with employees who would prefer to stay).

Involuntary Turnover

The termination of employees initiated by the employer due to performance issues, downsizing, or other organizational needs.