Leakages from the Income-Expenditure Stream Are

question 88

Multiple Choice

Leakages from the income-expenditure stream are

• A)consumption, saving, and transfer payments.
• B)saving, taxes, and investment.
• C)saving, taxes, and imports.
• D)imports, taxes, and transfer payments.

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Definitions:

Self-Handicapping

A strategy whereby individuals create obstacles to their own success as a way to protect self-esteem in the face of failure.

Belief Perseverance

The tendency for people to hold onto their beliefs even when evidence shows those beliefs to be false.

Self-Serving Bias

The widespread inclination to credit personal achievements to one's own qualities while blaming setbacks on outside influences.

Internal Causes

Refer to factors within a person that influence their behavior, thoughts, or emotions, such as personality traits or personal values.