Which Statement Is True About Cultures with a Long-Term Orientation

question 9

Multiple Choice

Which statement is true about cultures with a long-term orientation?

• A) They have a tendency to look down upon those who invest in savings.
• B) They prefer jobs that are relaxed, easy, and do not involve hard work.
• C) They focus primarily on cultural values that fulfill obligations in the present.
• D) They promote respect for those who are good at achieving immediate results.
• E) They focus primarily on cultural values that tend to pay off in the future.

Identify conditions of excess supply and excess demand in a market and predict the market's response.

Analyze the effects of price changes on market equilibrium.

Understand the impact of external factors (like an increase in the price of raw materials) on supply and demand.

Grasp the concept of quantity demanded and quantity supplied and how they change with price movements.

---

Definitions:

Intelligence

The capacity to learn, understand, and apply knowledge, solve problems, and adapt to new situations.

SES

Short for Socioeconomic Status, a measure of an individual's or family's economic and social position relative to others, based on income, education, and occupation.

Whole Number Skills

The ability to use and understand integers (positive, negative, and zero) in arithmetic operations.

Metamemory

The awareness and understanding of one's own memory processes.