Irwin Has High Self-Control, a Strong Need for Order, High

question 10

Multiple Choice

Irwin has high self-control, a strong need for order, high desire for social approval, and enjoys a predictable routine. Creativity is NOT one of his strengths. He is in college studying to be an accountant. According to Holland's theory, he is a(n) ______ type.

• A) realistic
• B) social
• C) investigative
• D) conventional

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Definitions:

Consumption

The use of goods and services by households, constituting one of the primary components of GDP and an important indicator of economic health.

Aggregate Demand

The overall need for goods and services within an economic system at multiple pricing levels, over a certain duration.

Fed Buys Bonds

An action by the Federal Reserve to purchase government securities from the market to increase the money supply and lower interest rates.

Money Supply

The aggregate financial resources within an economy at a given point in time, including cash, coins, and the balances maintained in checking and savings accounts.