People High in the Need for Achievement Prefer Moderately Challenging

question 125

Multiple Choice

People high in the need for achievement prefer moderately challenging tasks compared to either very easy or very difficult tasks because ​

• A)succeeding on moderate tasks is possible and satisfying.
• B)succeeding on moderate tasks is most satisfying.
• C)succeeding on very easy tasks provides little satisfaction.
• D)succeeding on very difficult tasks is unlikely.

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Definitions:

Standard Deviation

A statistical measure representing the dispersion or variability around the mean (average) of a set of data points.

Annual Returns

The percentage change in an investment's value over a one-year period, including both capital gains and dividends, used to assess its performance.

Real Rate

The interest rate adjusted for inflation, representing the true cost of borrowing.

Inflation

The increase rate in the general price tag for goods and services, eroding financial capacity.