The Desire to Do Something Better or More Efficiently Than

question 19

Multiple Choice

The desire to do something better or more efficiently than it has been done before is an example of which of the following?

• A) Need for affiliation
• B) Need for power
• C) Need for interaction
• D) Need for motivation
• E) Need for achievement

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Definitions:

Disposable Income

Post-tax income households possess for saving or spending purposes.

Disposable Income

Disposable income refers to the sum of money that families can use for expenditures and savings once income taxes are deducted.

MPS (Marginal Propensity to Save)

The proportion of an increase in income that an individual or population saves rather than spends on consumption.

APC (Average Propensity to Consume)

The fraction of income that households plan to spend on goods and services; it is the ratio of total consumption to total disposable income.