The Pursuit of an Activity for an Outcome That Is

question 34

Multiple Choice

The pursuit of an activity for an outcome that is outside of the person doing that action is called

• A) the need for affiliation.
• B) intrinsic motivation.
• C) extrinsic motivation.
• D) a mastery goal.
• E) the need for power.

---

Definitions:

Excess Reserves

Funds that banks hold over and above the required reserve ratio set by the central bank, often earning interest.

Checkable Deposits

Bank accounts from which individuals can deposit and withdraw money using checks, ATM transactions, and electronic payments.

Reserve Requirement

The minimum fraction of customer deposits that each bank must hold as reserves, rather than lending out, as mandated by the central bank.

Simple Money Multiplier

A formula that determines the maximum amount of money that banks can create with a given level of reserves.