How Did Life Span Theory Create a More Useful Social

question 6

Multiple Choice

How did life span theory create a more useful social work model for understanding human behavior?

• A) It focused solely on the intrapsychic processes among the id, ego, and superego.
• B) It understood human behavior as pathology rather than a developmental process.
• C) It understood human behavior as a product more of persons than their environments.
• D) It fit well with the emerging emphasis in social work on social systems theory.

Differentiate between normative and positive economic statements.

Recognize the role of economists in storytelling to clarify economic theories and models.

Identify the characteristics of rational behavior in economic models.

Comprehend the function and importance of hypotheses in economic studies.

---

Definitions:

Investment

The operation of earmarking financial resources with the hope of obtaining a return or profit.

Simple Interest

A method of calculating interest where the interest charge is based on the original principal only, not on the accumulated interest.

Maturity Value

The amount payable to an investor at the end of a security's term or life, which typically includes the principal plus interest.

Principal

The original sum of money borrowed in a loan or the initial amount of money invested, excluding any interest or gains.