In a Study of Charitable Giving and Volunteering in the United

question 72

Multiple Choice

In a study of charitable giving and volunteering in the United States,87 percent of the people surveyed said that the reason they contributed was that helping was consistent with their personal values.These findings suggest that people often help in order to

• A) manage their mood.
• B) gain genetic benefits.
• C) gain material benefits.
• D) enhance and verify their self-image.

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Definitions:

Inflation

A measure of the rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling.

Inflation Rate

The rate at which the overall cost of goods and services in an economy increases over time.

Tax Rate

The percentage at which an individual or corporation is taxed by the government on income or profits.

M x V = P x Y

The equation representing the quantity theory of money, where M is the money supply, V is the velocity of money, P is the price level, and Y is the real output.