Two VALS Segments Stand Apart;one Represents the Group with the Highest

question 344

Multiple Choice

Two VALS segments stand apart;one represents the group with the highest resources and innovation and the other represents the lowest resources and innovation.These two groups are the__________ and the __________.

• A)Thinkers;Believers
• B)Strivers;Survivors
• C)Achievers;Strivers
• D)Innovators;Survivors
• E)Experiencers;Makers

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Definitions:

M3

A gauge of monetary supply encompassing M2 as well as sizable time deposits, institutional money market funds, and additional significant liquid assets.

Double Coincidence

A situation in barter economies where two parties each possess an item the other wants, allowing for an exchange without the need for a common unit of value.

Small Denomination Time Deposits

Bank deposits that are held for a fixed term with a specified small minimum amount and earn interest over time.

Large Denomination Time Deposits

Time deposits in a bank or financial institution with a large minimum amount of money required, typically over $100,000, and a fixed term.