Which One of the Following Individuals Is Most Apt to Purchase

question 59

Multiple Choice

Which one of the following individuals is most apt to purchase a municipal bond?

• A)Minimum-wage employee
• B)Retired individual with minimal current income
• C)Recent college graduate
• D)Tax-exempt organization
• E)Highly compensated business owner

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Definitions:

Abraham Maslow's Theory

A psychological theory proposing a hierarchy of human needs, from basic physical necessities up to self-actualization.

Universally

A term indicating something that applies to or is agreed upon by all in every case or situation without exception.

Stagnation

A period or state of inactivity or lack of growth and development.