Acquired Needs Theory Suggests That People with a High Need

question 116

True/False

Acquired needs theory suggests that people with a high need for power are drawn to interpersonal relationships and opportunities for communication.

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Definitions:

General Price

The typical or average cost of goods and services in a market, not specific to any brand or quality.

Goods And Services

The products and activities that satisfy human wants and needs, with goods being tangible objects and services being intangible actions or experiences.

Deflation

The general decline in prices in an economy.

Consumer Price Index

An index that measures the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, indicating the level of inflation or deflation in an economy.