We Compare Ourselves to Others to Help Stabilize Our Self-

question 132

Multiple Choice

We compare ourselves to others to help stabilize our self- evaluations and to feel comfortable with how well our choices "fit in" with the choices and preferences that others have. This theory is termed:

• A) comparative behaviour
• B) input- output
• C) external orientation
• D) social comparison
• E) stimulus- social response

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Definitions:

Circular Flow Model

An economic model illustrating the flow of goods, services, and money between households and businesses in an economy.

Federal Government

The national government of a federal country that shares power with regional governments like states or provinces.

Proprietary Income

Income generated from owned properties or businesses, exclusive to the owner or proprietor.

Excise Tax

A tax charged on specific goods or commodities produced or sold within a country and often included in the price of the product.