A Revolving Charge Account Would Be Typical for Larger Purchases;

question 38

True/False

A revolving charge account would be typical for larger purchases; smaller purchases are typical on instalment accounts.

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Definitions:

Drive Theorists

Psychologists who suggest that behavior is motivated by the desire to reduce internal tension caused by unmet biological needs.

Homeostatic Mechanism

A process by which biological systems maintain stability and balance in response to external changes.

Incentive

Something that motivates or encourages an individual to take action or to perform a behavior.

External Goal

An objective or target that an individual aims to achieve, which is set outside of themselves, such as career achievements or material possessions.