According to the Hierarchy of Needs Theory, _____

question 12

Multiple Choice

According to the hierarchy of needs theory, _____.

• A) people's needs may be ranked based on their relative importance.
• B) once a need is satisfied it serves as a primary motivator of behavior.
• C) the need for belonging is the highest level need.
• D) the need for self-confidence is a physiological need.

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Definitions:

Tax Burden

The measure of taxes that an individual or business must bear, often expressed as a percentage of income or profit.

Legal Assignment

The transfer of a property right or title to some particular benefit, usually from one party to another, under the terms of a legal agreement.

Social Security Tax

A tax that funds the Social Security program, which is levied on both employers and employees to provide financial assistance to retirees, disabled individuals, and survivors.

Withholding Rate

The percentage of an employee's pay that is not included in their take-home pay because it is held back for taxes.