_____________ Is Based on the Idea That the Price of a Good

question 19

Multiple Choice

_____________ is based on the idea that the price of a good or service in one country should equal the price of that same good or service in another country when it is converted to a common currency.

• A) PPP
• B) GNI
• C) GDP
• D) HDI
• E) SAP

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Definitions:

Maslow's Theory

A psychological theory proposing a hierarchy of human needs, from basic physiological needs to safety, love and belonging, esteem, and finally self-actualization, influencing human behavior.

Herzberg's Theory

A motivation theory which suggests that there are certain factors that cause job satisfaction while a separate set of factors cause dissatisfaction, famously divided into 'hygiene' and 'motivator' factors.

Higher-Order Needs

These are advanced human needs as outlined in Maslow's hierarchy, including esteem and self-actualization needs, which are fulfilled after basic physical and security needs.

Negative Instrumentality

The perception that effort will not lead to the desired performance or reward outcomes.