When Taken to Extremes, Individualistic Values Might Lead to Undesirable

question 57

Multiple Choice

When taken to extremes, individualistic values might lead to undesirable consequences, such as _____.

• A)an incomplete awareness of all parts of ourselves, which prevents self-actualization
• B)excessive feelings of intrinsic worth and unrealistic expectations of success
• C)excessive dependence on others' approval to maintain self-esteem
• D)needlessly encouraging unrestrained greed and the exploitation of others
• E)needlessly limiting creativity, innovation, and personal initiative

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Definitions:

Amortized Loan

A loan with scheduled periodic payments that consist of both principal and interest, designed to pay off the debt by the end of the term.

Effective Rate

The actual interest rate earned or paid on an investment, loan, or other financial product, accounting for the effect of compounding.

Amortization Schedule

A table detailing each periodic payment on an amortizing loan, including the portion of the payment that goes toward principal and interest over the loan term.

Effective Rate

The actual interest rate on an investment or loan, taking into account the compounding of interest, as opposed to the nominal rate.