Psychological Factors That May Influence the Saving Rate Are ________

question 139

Multiple Choice

Psychological factors that may influence the saving rate are ________ and ________.

• A)the real interest rate; the demonstration effect
• B)self-control problems; the demonstration effect
• C)capital gains; the real interest rate
• D)the desire to leave a bequest; capital gains

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Definitions:

Behavior

Pertains to the actions or reactions of an individual or a group in response to external or internal stimuli, encompassing physical movements and psychological processes.

Desirable Social Qualities

The traits or characteristics that are generally appreciated and sought after in social interactions and contexts, such as kindness, empathy, and respectfulness.

LMX Theory

Stands for Leader-Member Exchange Theory, suggesting that leaders develop unique one-to-one relationships with each of the people reporting to them.

High-Exchange Relationship

A type of relationship between leader and follower characterized by high levels of trust, respect, and mutual obligation.