The Definition of M1 Includes

question 12

Multiple Choice

The definition of M1 includes:

• A) cash and checking account balances.
• B) hard money and savings account balances.
• C) cash and savings account balances.
• D) cash, checking accounts, savings accounts, and other financial instruments where money is locked away for a specified period of time.

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Definitions:

Emotional Component

An aspect of a phenomenon that relates to feelings, emotions, and affective states of individuals involved.

Cognitive Dissonance

The psychological discomfort experienced when holding two conflicting beliefs, attitudes, or values simultaneously.

Consonance

A harmonious agreement or compatibility among the components of a system, philosophy, or group, often leading to a coherent and unified whole.

Emotional Contagion

A dynamic process through which the emotions of one person are transferred to another, either consciously or unconsciously, through nonverbal channels.