Which Measure of Money Would We Most Likely Use If

question 78

Multiple Choice

Which measure of money would we most likely use if we were interested in looking at spending in the economy?

• A) Hard money
• B) M1
• C) M2
• D) Reserves.

---

Definitions:

Operant Conditioning

An instructional method in which the magnitude of an action is either encouraged or suppressed through positive or negative feedback.

Pay Schedules

The structure outlining how frequently and in what manner employees receive their salaries or wages.

Secondary Reinforcer

A stimulus that has become rewarding through its association with a primary reinforcer.

Primary Reinforcer

A fundamental stimulus that fulfills a basic need or instinct, such as food for hunger, inherently rewarding without learning.