Under a Specie Standard, a Country Does Not Need a Central

question 37

True/False

Under a specie standard, a country does not need a central bank.

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Definitions:

Goal Difficulty

Describes how challenging a set goal is to achieve, which can influence motivation and effort levels.

Learned Needs Model

A theory suggesting that people's needs can be acquired or changed through experiences and interactions with the environment.

Herzberg's Motivator-Hygiene Model

A theory that suggests job satisfaction and dissatisfaction arise from two different sets of factors - satisfaction from motivating factors and dissatisfaction from hygiene factors.

Motivators

Factors that stimulate enthusiasm and energy in individuals to pursue a particular course of action or continue in their efforts to achieve a goal.