According to ________ Theory, Basic Survival and Security Needs Must

question 76

Multiple Choice

According to ________ theory, basic survival and security needs must be satisfied before one can move on to such higher needs as belonging and love, esteem, and self-actualization.

• A)evolutionary
• B)instinct
• C)Maslow's
• D)Wiener's

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Definitions:

Disposable Income

The disposable income households have for expenditures and savings, post-income taxation.

C + I

A formula component in macroeconomics representing total private consumption (C) plus total private investment (I).

MPS

The marginal propensity to save, which is the fraction of an additional unit of income that is saved rather than spent.

Expected Rate of Profit

The anticipated return on investment, representing the gain or loss compared to the initial investment amount.