The Following Are National Income Account Data for a Hypothetical

question 91

Multiple Choice

The following are national income account data for a hypothetical economy in billions of dollars: government purchases ($1,050) ; personal consumption expenditures ($4,800) ; imports ($370) ; exports ($240) ; gross investment ($1,130) .Personal consumption expenditures are approximately what percentage of this economy?

• A)60 percent
• B)65 percent
• C)70 percent
• D)75 percent

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Definitions:

Cattell

Raymond Cattell was a psychologist known for his psychometric research into personality, including the development of the 16 Personality Factor (16PF) questionnaire.

HEXACO Model

A personality model that expands upon the traditional Big Five traits by including a sixth dimension: Honesty-Humility, alongside Emotionality, eXtraversion, Agreeableness, Conscientiousness, and Openness to experience.

Personality Factors

Fundamental traits or dimensions that constitute an individual's personality, often identified through factor analysis in personality psychology.

Needs-Hierarchy Theory

A psychological theory proposed by Abraham Maslow that categorizes human needs into five hierarchical levels, from basic physiological needs to self-actualization.