A Single Goal Whose Attainment Produces Both Good and Bad

question 168

Multiple Choice

A single goal whose attainment produces both good and bad consequences usually creates a(n) ________ conflict.

• A) approach/avoidance
• B) double approach/avoidance
• C) avoidance/avoidance
• D) approach/approach

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Definitions:

Payments

Transactions or transfers of money or equivalents as a form of settling a debt or fulfilling an obligation.

Factors of Production

The inputs used in the production of goods or services in the process of creating economic value, including land, labor, capital, and entrepreneurship.

Goods and Services

The tangible and intangible items that satisfy human wants and needs, which are produced and consumed by individuals and businesses.

Consumption Expenditures

The total amount spent by households on goods and services for personal use.