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In an Effort to Reduce the Power of Special Interests

question 7

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In an effort to reduce the power of special interests, the Obama administration

Identify the evolution of motivation theories, including instinct approaches.
Describe the role of homeostasis in drive-reduction theory.
Explain the distinction between primary and secondary drives.
Recognize the types of needs as identified by psychologists and their effect on motivation.

Definitions:

Tax-Deductibility

Pertains to expenses that can be subtracted from gross income to reduce the total taxable income, thereby lowering the amount of tax owed.

Financial Leverage

Engaging borrowed assets to increase the anticipated yield from an investment.

Operating Leverage

The degree to which a company uses fixed operating costs, where a higher degree indicates that a small change in sales will have a larger impact on operating income.

Capital Structure

The mix of a company's long-term debt, specific short-term debt, common equity, and preferred equity, which is a significant factor in determining a company's financial health and risk level.

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