Which of the Following Is Not a Psychological Need

question 27

Multiple Choice

Which of the following is not a psychological need?

• A) Self-worth
• B) Affiliation
• C) Food
• D) Achievement

Understand the principle of comparative advantage and its role in maximizing world output through specialization.

Recognize the reasons for international trade, including differences in resource endowments, economies of scale, and differences in tastes.

Calculate and interpret opportunity costs from given data to determine comparative advantages between countries.

Understand the effects of international trade on a country's net imports or exports based on world price and domestic demand and supply.

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Definitions:

Distribution

The arrangement of values of a variable showing their observed or theoretical frequency of occurrence.

Variation

The occurrence of differences or changes in the characteristics of organisms or objects within a population or set.

Extreme Scores

Data points in a set that are significantly higher or lower than the majority.

Stereotype

A common, yet rigid and simplified perception or conception of a specific kind of individual or object, usually formed from insufficient data.